Teaching JKPSC Lecturership Mock Test Series 2024-25 General Knowledge Economy National Income Accounting
Consider the following statements :
Statement (A): The percentage share of gross capital formation in agriculture and allied sector in the Gross Value Added (GDP) has declined after 2011-12 in India.
Statement (B): The declining gross capital formation to GDP ratio in agriculture can be attributed to the decline in public sector investments.
Which of the above statement is/are correct?
1
Only statement (A) is correct.
2
Only statement (B) is correct.
3
Both statements (A) and (B) are correct.
4
Neither statement (A) nor statement (B) is correct.