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Q.

Gross fixed capital formation, private sector (% of GDP) in India was reported at 21.82 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources.

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a

True

b

False

answer is A.

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Detailed Solution

According to the World Bank's collection of development indicators, which is derived from officially recognized sources, India's gross fixed capital creation in the private sector (as a percentage of GDP) was recorded as 21.82 percent in 2019.

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