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UPPSC 1997 GS-I
Question
Which one of the following is the correct estimate of the capital output ratio for the Ninth Five Year Plan?
A)
6.0
B)
5.5
C)
5.0
D)
4.0
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Answer & Solution
Answer:
(Detailed Solution Below)
Option B:
5.5
Detailed Solution:
The correct answer is
“5.5”.
The capital-output ratio for the Ninth Five Year Plan was estimated to be 5.5. This means that approximately ₹5.5 of capital investment was required to generate ₹1 of output during that period.
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