During the fiscal year 2009-10 gross fixed capital formation or domestic investment grew by ?
Correct answer: B. 10.3%
- A. 19.8%
- B. 10.3%
- C. 9.2%
- D. 11.5%
Explanation
The reported increase in gross fixed capital formation, which measures spending on fixed productive assets, was 10.3 percent during 2009-10. It indicates expansion in domestic investment during that fiscal year.
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Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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