Question

The following table shows Net National Income (in Lac Crore) and Per capita Net National Income (in thousand) of India during the 5 year period from the year 2015-16 to 2019-20. Based on the data in the table, answer the questions that follow

 Year Net National Income
(in Lac, Crore rupees)
Per Capita Net
National Income
(in thousand rupees)
2015-16  122 95
2016-17
 136
 105
 2017-18
 151
 115
 2018-19
 167
 126
 2019-20
 177
 132

With reference to the year 2015-16, the percentagem growth in the population of India by the year 2019-20 is

Options :

  1. ∼ 6.2%

  2. ∼ 4.4%

  3. ∼ 7.1%

  4. ∼ 3.1%

Show Answer

Answer :

∼ 4.4%

Solution :

Per capita net national income = National income / Population

Population = National income / Per capita income

2015-16 : 122/95 = 1.28

2019-20 : 177/132 = 1.34

Growth = (1.34 – 1.28) Å~ 100/1.28 = 4.4% approx.

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