Question
With reference to the Incremental Capital Output Ratio
(ICOR), consider the following statements: 1.ICOR has evolved from the Harrod-Domar Growth Theory and examines the relationship between fresh investments and economic growth. 2.A lower ICOR signifies greater efficiency and productive use of capital. Which of the statements given above is/are not correct?Solution
ICOR Explains relationship between the level of investment made in the economy and the Subsequent increase in GDP. RELATION WITH PRODUCTION Determines a country's level of production efficiency •Lower ICOR More efficient production/capital •(implies that an economy can generate more output with a smaller increase in cap-investment)
Disorders like Hollow Stem of Cauliflower; Browning of Cauliflower ; Top sickness of Tobacco is caused due to the deficiency of
Ballast elements are
Which crop is sensitive both to drought and excessive moisture condition?
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ICAR has classified soil into
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NPH- 1 is the first hybrid of which crop?
Seedless fruits can occur when the ovary develops directly without fertilization or when pollination and fertilization trigger ovary development, but th...
Which of the following is a dicotyledonous weed?
