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Question 1 of 5

Which of the following is/are the correct reason(s) behind such slow growth of the capital goods sector in India in the last few years:

  1. There is an inadequate capacity expansion in infrastructure and power industries and institutional issues.
  2. The absence of Free Trade agreements (FTAs) with several countries to make use of the comparative advantage of India in capital goods production.
  3. Capital goods industry in India is fragmented with many small units operating at uneconomic scale capacities.

Choose the correct answer using the options given below:

A

2 and 3 only

B

1, 2 and 3

C

1 and 3 only

D

1 and 2 only

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