| The growth of GDP depends on: |
| 1. Productivity of investment |
| 2. Level of investment |
| 3. Incremental Capital Output Ratio. |
| Choose the correct one: |
A) Only 1 and 2
B) Only 2 and 3
C) Only 1 and 3
D) All 1, 2 and 3
Correct Answer: D
Solution :
[d] India's growth trajectory over the last decade has thrown up a direct link between capital flows and GDP expansion. While domestic consumption is a big growth booster, nearly 20 per cent of the country's growth has been fuelled by capital flows ? both portfolio and foreign direct investment (FDI),
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