Concept:
Slag classification depends on basicity index:
\[
V = \frac{\%CaO}{\%SiO_2}
\]
- If $V > 1$ → basic slag
- If $V \approx 1$ → neutral slag
- If $V < 1$ → acidic slag
Step 1: Given condition.
\[
V < 1
\]
This means silica dominates over lime.
Step 2: Chemical interpretation.
High $SiO_2$ content makes slag acidic in nature.
Final Answer:
\[
\boxed{\text{Acidic slag}}
\]