ESE 2025Q99
Q: Statement (I): A country which doubles its capital in ten years will have a higher output per unit of capital than a country which doubles it in twenty years. Statement (II): New investment and new technology go together. Which one of the following is correct?
(a)Both Statement (I) and Statement (II) are individually true and Statement (II) is the correct explanation of Statement (I)
(b)Both Statement (I) and Statement (II) are individually true but Statement (II) is NOT the correct explanation of Statement (I)
(c)Statement (I) is true but Statement (II) is false
(d)Statement (I) is false but Statement (II) is true
Correct Answer: (a)
Detailed explanation coming soon.