At first man lived in
Exchange of goods for goods is known as
Non financial System
People who buy and sell small quantities are known as
People work to improve the economy of the country. This is called
Per Capita Income
The main source of India’s national income is
To prepare budget for the country it is necessary to have knowledge of
Population of the country
In a country what an individual earns is termed as
The Indian Economist got Nobel Prize .
Which of the following are the main causes of slow rate of growth of per capita income in India?
I. High capital – output ratio 2. High rate of growth of population 3. High rate of capital formation 4. High level of fiscal deficits
1 and 2
1 and 4
1 and 3
To fulfill his needs man started to ________ garments footwear etc.
All the above