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Which aspect of the Indian economy was considered "depreciated" after World War II?
  • a)
    Agricultural productivity
  • b)
    Infrastructural development
  • c)
    Industrial production
  • d)
    National income
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which aspect of the Indian economy was considered "depreciated&qu...
After World War II, the Indian economy was considered "depreciated." This term refers to the decline in the production capacity of an economy due to extensive use of factors of production without proper replacement. The lack of real capital led to a decline in production capacity, especially in terms of infrastructure like power generation, transport, and communication.
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Which aspect of the Indian economy was considered "depreciated" after World War II?a)Agricultural productivityb)Infrastructural developmentc)Industrial productiond)National incomeCorrect answer is option 'B'. Can you explain this answer?
Question Description
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