If a country's GDP is (₹12000) crore and population is (8) crore what is its per capita GDP?
Answer and explanation
Correct answer: ₹1,500
The governing concept is per capita GDP, calculated as total GDP divided by population. Here, ₹12,000 crore ÷ 8 crore = ₹1,500 per person; the crore units cancel because both figures use the same unit. Therefore option A is correct. ₹96,000 comes from multiplication, while ₹4,000 and ₹800 do not result from the required division.
Frequently asked questions
What is the correct answer to this question?
₹1,500
Why is this the correct answer?
The governing concept is per capita GDP, calculated as total GDP divided by population. Here, ₹12,000 crore ÷ 8 crore = ₹1,500 per person; the crore units cancel because both figures use the same unit. Therefore option A is correct. ₹96,000 comes from multiplication, while ₹4,000 and ₹800 do not result from the required division.
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.
