If GDP is 18,000 crore and the population is 450 crore, what will be per capita GDP?
Answer and explanation
Correct answer: 40 rupees
Per capita GDP is calculated using the formula: total GDP divided by total population. Therefore, 18,000 crore rupees ÷ 450 crore people = 40 rupees per person. The unit crore cancels because it appears in both the numerator and denominator. Hence, option A is correct; the other values result from incorrect division or misplaced zeros.
Frequently asked questions
What is the correct answer to this question?
40 rupees
Why is this the correct answer?
Per capita GDP is calculated using the formula: total GDP divided by total population. Therefore, 18,000 crore rupees ÷ 450 crore people = 40 rupees per person. The unit crore cancels because it appears in both the numerator and denominator. Hence, option A is correct; the other values result from incorrect division or misplaced zeros.
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.