Major factors of economic growth generally include land, labor (including population size and skill), capital, and technological progress. Institutional factors, including the quality of governance (influenced by bureaucrats and technocrats), are important but often considered enabling factors rather than primary drivers in the same category as the fundamental inputs.
Which among the following is NOT a major factors of economic growth?
Asked in UPPCS Prelims 2021 · Topic: Nature of Indian Economy (Sectoral Composition and Structural Transformation)
More Economic Development questions
- With reference to the 'Capital formation' which of the statements is/are correct? Process of capital formation depends on savings and effectiveness of financial institutions. Investment is the essential factor of capital formation. Select the correct answer using the codes given below.
- Consider the following items of wholesale price index : 1. Primary articles 2. Fuel, power, lights and lubricants 3. Manufacturing products Arrange the above items in descending order in terms of their weightage in calculating wholesale price index :
- Which one among the following items has maximum weight in wholesale price index in India?
- The rate of inflation in India is measured generally in respect of movement of
- Which one among the following sectors in India has the highest share of employment?
- Which of the following has/have been accorded 'Geographical Indication' status? 1. Banaras Brocades and Sarees 2. Rajasthani Daal-Bati-Churma 3. Tirupathi Laddu Select the correct answer using the code given below.
- Which of the following activities constitute real sector in the economy? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below:
- Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients How many of the above are considered intangible investments?