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With reference to the 'Capital formation' which of the statements is/are correct? 1. Process of capital formation depends on savings and effectiveness of financial institutions. 2. Investment is the essential factor of capital formation. Select the correct answer using the codes given below:
This question appeared in the UPPSC Prelims 2021 examination (GS-I). It is Question 137 out of 222 questions in this paper.
This question was part of the UPPSC Prelims 2021 (GS-I). The UPPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all UPPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.