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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

Correct Answer: I and II only

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Economic MCQ: 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 | Extra Education