Multiple choice

Which of the following are the reason(s) for slow growth of per capita income in India?

  1. High capital-output ratio
  2. High growth of population
  3. Low capital formation
  4. High level of fiscal deficits

  1. 1, 2, 3

  2. 2, 3, 4

  3. 2, 4

  4. All of the Above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

High capital-output ratio, high population growth, and low capital formation are classic structural reasons for slow per capita income growth. Fiscal deficit is a macroeconomic issue that affects stability but is not the primary structural cause of low per capita income growth in this context.