Select the correct answer from the following codes
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Answer:B
Select the correct answer from the following codes
A. Only 1 B. Only 2 C. Both 1 and 2 D. Neither 1 nor 2
Explanation:The percentage of investment made each year out of total GDP is called GCF. The suggested rate of capital formation is above 40% to achieve optimum rate of economic growth, in India GCF is 35% for last few years. The share of Household sector has been significantly larger than private corporate sector.