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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Explanation:
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2004-05 = = 32.45 percent.
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2005-06 = = 34.29 percent.
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2006-07 = = 35.88 percent.
Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) in the year 2007-08 = = 38.03 percent.
We can see that Gross Domestic Capital Formation expressed as a percentage of GDP (at Market Prices) has increased consistently between 2004-05 and 2007-08. Hence, option C is the correct answer.