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Gross domestic capital formation is defined as

  • flow of expenditure devoted to increased or maintaining of the capital stock
  • expenditure incurred on physical assets only
  • production exceeding demand
  • net addition to stock after depreciation

Answer: Option D

Similar Questions :

1. The mineral in which India depends largely on imports is

  • Iron Ore
  • Bauxite
  • Mica
  • Mercury

Answer: Option D

2. Which of the following is not viewed as a national debt ?

  • National Saving Certificate
  • Provident Fund
  • Life Insurance Policies
  • Long-term Government Bonds

Answer: Option A

3. The best indicator of economic development of any country is ?

  • Its agriculture
  • Its transport
  • Its gross production
  • Its per capita income

Answer: Option D

4. In the state of India, the State Financial Corporation have given assistance mainly to develop

  • Irrigation projects
  • small-scale industries
  • medium-scale industries
  • medium and small-scale industries

Answer: Option D

5. Contribution of agriculture to Gross National Product is approximately ?

  • 14%
  • 15%
  • 16.5%
  • 17.5%

Answer: Option D

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