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This paper presents a brief critical analysis of General Relativity Theory (GRT). It is shown that the theory, if accepted, leads to repudiation of a number of fundamental principles underlying physics. The article also presents the construction of Relativistic Theory of Gravitation (RTG) in which the gravitational field possesses all the attributes of physical fields and which concurs completely with the fundamental physical principles as well as with the available experimental and observational facts. It also considers the consequences of RTG, dealing, in particular, with the development of collapse and Universe evolution.

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