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______ is a cause behind low rate of capital formation in India. - Economics

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Question

______ is a cause behind low rate of capital formation in India.

Options

  • Lower per capita income

  • Habit of hoarding

  • High level of taxes on income and property

  • All the above

MCQ
Fill in the Blanks

Solution

Lower per capita income, habit of hoarding and high level of taxes on income and property.

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Chapter 1: Factors of Production - Exercise [Page 27]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 16. | Page 27
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