In 1950-51, the share of the public sector in net domestic product at current prices was approximately:
The public sector accounted for approximately 7.5% of net domestic product in 1950-51. This measures the public sector's contribution to net output rather than its share of…
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In 1950-51, the share of the public sector in net domestic product at current prices was approximately:
Answer and explanation
Correct answer C
The public sector accounted for approximately 7.5% of net domestic product in 1950-51. This measures the public sector's contribution to net output rather than its share of investment or expenditure.
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Madhya Pradesh SET (MP SET)