How much increase was registered in per capita income in India from 1950-51 to 2000?
A
From Rs 6500 to Rs 16,500
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B
From Rs 255 to Rs 16,500
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C
From Rs 755 to Rs 14,500
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D
From Rs 1855 to Rs 16,500
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Solution
The correct option is B From Rs 255 to Rs 16,500
Per capita income (PCI) is considered a better index of economic growth. There has
been more than four-fold increase in real PCI during the planning
period. Growth in PCI was much less than growth in national income because of high population growth rate. The Planning Commission expects
that country’s PCI would be doubled in the next 20 years.