SSC
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
One of the common goals of five year plans is ‘growth’. What does the growth imply?
|
|
A large stock of productive capital
|
|
|
A large size of supporting services like transport and banking
|
|
|
An Increase in the efficiency of productive capital and services
|
|
|
All of the above
|
Explanation:
Detailed explanation-1: -This is the first and the most basic goal of an economic plan . Growth in terms of an economy focuses on the increase of the Gross Domestic Product (GDP) of the country. GDP is a way to measure the growth of an economy.
There is 1 question to complete.