Answer: Option C. -> The growth is coming from better utilization of existing capacity and not because of increase in investment
Answer: (c)Higher economic growth comes from additional investment, orincrease in capacity utilization of the capital stock (factory) When economic growth comes from new investment then generally more jobs are created but when economic growth comes from better utilization of the existing capacity (which was earlier not utilized properly) then jobs may not get created in the economy.

Answer: Option D. -> high capital-output ratio
Answer: (d)
First, let us develop the general concept of (average) productivity and marginal productivity.
1 Acre Land
5 Labourers
2 Tonne production
If one acre of land produces 2 Tonnes of food grains, then; Productivity of Land = $\text"Output"/\text"Input(land)"$ ${2\text"Tonne"}/{1 \text"acre"}$ = 2 Tonne/acre
Productivity of Labour =$\text"Output"/\text"Input(labour)" = {2\text"Tonne"}/{5\text"labourer"}$ = 0.4 Tonne/labour
The above two are basically average productivity.
If by adding one extra labour, production increases by 0.2 tonne, then
Marginal productivity of labour = $\text"change in output"/\text"Change in labour" = {0.2\text"tonne"}/{1 \text"labour"}$ = 0.2 tonne/labour
In the same way, productivity of capital = $\text"Output"/\text" Capital"$ Higher is the productivity of capital, it is good for the economy. The inverse of “productivity of capital” is Capital/Output ratio.
A higher capital/output ratio is bad for the economy. If the Capital/Output ratio is 3/1, that means Rs. 1 unit of output is produced from Rs. 3 units of capital. And if the Capital/Output ratio is 4/1, that means to produce Rs. 1 unit of output, Rs. 4 units of capital is required. So, 3/1 is better than 4/1 for the economy.
Generally, if an economy has higher savings, higher capital formation happens. But if the Capital/Output ratio in the economy is high, then that means the productivity of the capital is low, so output production may not increase much even if capital formation is high.
So, the answer is (d)

Answer: Option C. -> All of the above
Answer: (c)

Answer: Option C. -> selected Public Sector Enterprises
Answer: (c)

Answer: Option A. -> Verghese Kurien
Answer: (a)

Answer: Option A. -> Services Sector
Answer: (a)

Answer: Option C. -> Raising the investment by keeping the incremental capital output ratio minimum
Answer: (c)% change in GDP = $\text"Investment %"/\text" Incremental Capital Output Ratio (ICOR)"$ So, for higher growth rate, we require more investment and less ICOR

Answer: Option C. -> Decrease in real GDP
Answer: (c)
Real GDP growth measures growth in quantity only and nominal GDP measures growth in value (which includes quantity as well as price).
Now, suppose an economy produces wheat and rice. The quantities produced and the market price is given in the following table.
The base year for the calculation of GDP is 2011-12. So, if we want to calculate India's Real GDP for 2014-15 then we will have to take the quantities produced in 2014-15 and the prices of 2011-12 (base year). And if we want to calculate the Nominal GDP of 2014-15 then we will have to take the quantities produced in 2014-15 and the market prices of the same year i.e. 2014-15.
In India, economic growth is measured by the change in real GDP i.e. GDP at constant Market Prices as per the global best practices. 
So, Real GDP is steadily/consistently increasing from 2011-12 to 2014-15 but "change in real GDP" is decreasing from 11.2% to 4.6% and change in nominal GDP is also decreasing from 2011-12 to 2014-15.
The above is a case of economic growth as real GDP is increasing. But since the rate of change of real GDP is decreasing (but not negative), we say that economic growth is slowing down. When the "real GDP" decreases or "change in real GDP" is negative then it is a case of recession.
And if the prices are decreasing more but the production quantity is increasing then the nominal GDP may decrease but Real GDP may increase. So, in case of economic growth, nominal GDP may decrease.
Q.No.9, only (i) statement is the required criteria. Because even if (iii) statement is not true (as in the above example), a country may experience economic growth.

Answer: Option A. -> (i), (iii) & (iv) only
Answer: (a)
Consider an example: If a country is exporting only apples and importing only oranges, then the terms of trade (TOT) are simply the ratio of the price of apples to the price of oranges. Suppose the price of an apple is Rs. 120/kg and Oranges is Rs. 40/kg
So, TOT = $\text"Export Price"/\text"Import Price" = 120/40$ = 3
This means if India is exporting apples and importing oranges then for one kg of apples exported, we can import 3kg of oranges. In other words, how many oranges can we import for a unit of export of apples?
So, TOT is a measure of how much imports an economy can get for a unit of exported goods. Since economies typically export and import many goods, measuring the TOT requires defining price indices for exported and imported goods and comparing the two.
A rise in the prices of exported goods in international markets would increase the TOT, while a rise in the prices of imported goods would decrease it. So, statements (i), (iii) & (iv) are true.

Answer: Option A. -> V. Kurien
Answer: (a)