Q.

Which of the following are the main causes of slow rate of growth of per capita income in India? [IAS 1993]
1. High capital-output ratio
2. High rate of growth of population
3. High rate of capital formation
4. High level of fiscal deficits

A. 1 and 2
B. 2, 3 and 4
C. 1 and 4
D. 1, 2, and 4
Answer» A. 1 and 2
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