A country’s GDP is ₹9000 crore and its population is 6 crore. What is its per capita GDP?
Answer and explanation
Correct answer: ₹1500
Per capita GDP is calculated by dividing total GDP by the population: ₹9000 crore ÷ 6 crore = ₹1500. The crore units cancel because both GDP and population are expressed in crores. Thus option A is correct. Option B would result from an incorrect division, C from multiplication or a unit error, and D does not represent the stated quotient. Per capita GDP is an average, not the income received equally by every person.
Frequently asked questions
What is the correct answer to this question?
₹1500
Why is this the correct answer?
Per capita GDP is calculated by dividing total GDP by the population: ₹9000 crore ÷ 6 crore = ₹1500. The crore units cancel because both GDP and population are expressed in crores. Thus option A is correct. Option B would result from an incorrect division, C from multiplication or a unit error, and D does not represent the stated quotient. Per capita GDP is an average, not the income received equally by every person.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.