Which of the following are the main causes of slow rate of growth of per capita incomein India? [IAS 1993] 1. High capital-output ratio 2. High rate of growth of population 3. High rate of capital formation 4. High level of fiscal deficits

• A. 1 and 2
• B. 2, 3 and 4
• C. 1 and 4
• D. 1, 2, and 4