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UPSC General Studies Solved Paper - General Studies-2015

  • question_answer
    The substitution of steel for wooden ploughs in agricultural production is an example of

    A)  labour-augmenting technological progress

    B)  capital-augmenting technological progress

    C)  capital-reducing technological progress

    D)  None of the above

    Correct Answer: B

    Solution :

    Exp. [b] Capital augmenting technological progress results in more productive use of existing capital goods. The best example for capital augmentation technology is the substitution of steel for wooden ploughs in agricultural production.


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