Economics · Indian Economy
Consider the following statements: Statement I: Growth in infrastructure is considered as an essential pre-requisite for stepping up GDP growth. Statement II: It is vitally important to increase capital formation in India. Choose the correct option:
- 1Both Statement I and Statement II are incorrect
- 2Statement I is correct, but Statement II is incorrect
- 3Both Statement I and Statement II are correct✓
- 4Statement I is incorrect, but Statement II is correct
Correct answer
Both Statement I and Statement II are correct
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