GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The rate of growth of real output during the first half of the 20th century in our country was ____
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Less than 1%
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Less than 2%
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Less than 3%
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Both (a) and (b)
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Explanation:
Detailed explanation-1: -The country’s growth of aggregate real output during the first half of the twentieth century was less than two per cent coupled with a meagre half per cent growth in per capita output per year.
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: -The government on Wednesday presented the annual Budget for 2023-24. New Delhi: The per capita income in India has more than doubled to ₹ 1.97 lakh over the past nine years.
There is 1 question to complete.