Which of the Following Is Not True About India

question 11

Multiple Choice

Which of the following is not true about India?

• A)One out of four people is poor.
• B)It has the fourth largest economy
• C)80% of rural people have adequate sanitation.
• D)Nearly one-half of the people are unemployed or underemployed.
• E)40% of the population suffers from malnutrition.

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Definitions:

Capital Assets

Long-term assets acquired or invested in for the purpose of generating revenue over an extended period.

Fair Value

A measure of the value of an asset or liability based on current market prices.

Replacement Cost

The expense of replacing an asset at its current market price.

Net Realizable Value

The estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.