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Preliminary Exam General Studies October 07

1. Consider the following statements with respect to Incremental Capital Output Ratio (ICOR):

1. It explains the relationship between the level of investment made in the economy and the consequent increase in GDP

2. A higher ICOR indicates a country’s production is more efficient

Select the correct answers using the code given below:

(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2

General Studies

Political Science and International Relations

Sociology

Some Reference Essays

List of previous year essay topics (1997-2019)

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