Q. Which of the following are the main causes of slow rate of growth of per capita income in India ?
I. High capital-output ratio
II. High rate of growth of population
III. High rate of capital formation
IV. High level of fiscal deficits
I. High capital-output ratio
II. High rate of growth of population
III. High rate of capital formation
IV. High level of fiscal deficits
✅ Correct Answer: (B)
I and II only
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