u/Fearless_Presence487

imo, Import Subsitution Industrialisation means subsitution of imports. So, the answer should be 1 ONLY (A Option).

But the vision test series have given C correct.

I even googled it says A option. Am i correct or vision?

This is from vision test series. Employment elasticity is change in Employment/change in output.

In recession, normally growth change is negative and same employment change is also negative.

So, the Employment elasticity isnt postive???? Isnt the answer D????

The answer given in sheet is B.

Why B? I am unable to get the correct explanation anywhere. Please help .