MC12 What is the impact of inadequate infrastructure on the Indian economy?
A. Reduced economic growth
B. Reduced productivity
C. Increased transportation costs
D. All of the above
Answer:D
MC12 What is the impact of inadequate infrastructure on the Indian economy?
A. Reduced economic growth B. Reduced productivity C. Increased transportation costs D. All of the above
Explanation: Inadequate infrastructure has a range of impacts on the Indian economy. When infrastructure is inadequate, it can reduce economic growth, as businesses may be less productive and have more difficulty accessing markets. Additionally, inadequate infrastructure can reduce productivity, as workers may have to spend more time and money traveling to and from work. Finally, inadequate infrastructure can increase transportation costs, as goods and people may have to travel longer distances or use less efficient modes of transportation.