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Gross domestic capital formation is defined as

  • flow of expenditure devoted to increased or maintaining of the capital stock
  • expenditure incurred on physical assets only
  • production exceeding demand
  • net addition to stock after depreciation

Answer: Option D

Similar Questions :

1. Which industry is the largest ?

  • Handloom
  • Sports
  • Music
  • Textile

Answer: Option D

Explanation:

Textile industry is the largest industry in the country. The share of Textile and clothing in total industrial production is approx 14%. It provides employment to more than 350 lakh people.

2. General Insurance Corporation (GIC) was established in ?

  • 1971
  • 1972
  • 1973
  • 1974

Answer: Option B

Explanation:

General Insurance Corporation (GIC) was established in November 1972.

3. National Bank for Agriculture and Rural Development (NABARD) was established in ?

  • 1980
  • 1981
  • 1982
  • 1983

Answer: Option C

4. Life Insurance Corporation (LIC) of India was established in ?

  • 1955
  • 1956
  • 1957
  • 1958

Answer: Option B

Explanation:

Life Insurance Corporation (LIC) of India was established in September 1956.

5. When community development programme (CDP) started ?

  • 1952
  • 1953
  • 1954
  • 1955

Answer: Option A

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