In developing countries, the process of development is generally slow. Consider the following statements with this reference:
1. The developing countries have huge social and economic overheads
2. Public Private Participation can be helpful in reducing social and economic overheads
Which among the above is / are correct statements?

Answer: [D] Neither 1 nor 2

Please read page 16 and 17 from the link given below to understand concept of social and economic overheads.

This question is a part of GKToday's Integrated IAS General Studies Module