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?
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)
Buttoning is the problem in which of the following crops
Antibiotics are produced from______.
Rabi maize yield is _____ kharif maize
Who coined the term 'Green Revolution"?
The scientist who demonstrated sexuality in bacteria
Market in which currencies buy and sell and their prices settle on is called the
Which of the following property of soil is not influenced by tillage operations?
Among below given statements, only one statement is correct. Select the correct statement.
Agmark standards do not cover quality guidelines for which of the following commodities
Which of the following type of mouth parts present in Cockroach and grasshopper?