GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
In India, Hindu Rate of Growth is associated with which of the following?
|
|
Birth Rate
|
|
|
Population
|
|
|
Per Capita Income
|
|
|
National Income
|
Explanation:
Detailed explanation-1: -The correct answer is GDP. The term ‘Hindu rate of growth’ was coined by Professor Rajkrishna, an Indian economist, in 1978 to describe the slow growth and to explain it against the backdrop of socialistic economic policies. Hindu growth rate is related to GDP.
Detailed explanation-2: -In financial year 2022, the annual growth rate of net national income at constant prices in India amounted to nine percent.
Detailed explanation-3: -An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period.
There is 1 question to complete.