Multiple Choice Questions on Consider the following statements and identify the right ones i Lower level of capital output ratio ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Consider the following statements and identify the right ones i Lower level of capital output ratio ...........

Economic Affairs Growth and Indicators
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    Consider the following statements and identify the right ones.

    i. Lower level of capital-output ratio indicates efficient use of capital.

    ii. It reflects the productivity of capital in the economy

    Choose the code:

    I only

    Incorrect Answer

    ii only

    Incorrect Answer

    Both

    Correct Answer

    none

    Incorrect Answer
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    Explanation:

    Both the statements are correct. 

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