- Per capita income is calculated by dividing the National Income by the total population of the country. - Net National Income (NNI) at factor cost is also known as National Income. - Current prices reflect the prevailing market prices of the year.
In India per capita net national income (at factor cost) at current prices in the year 2013 – 14 was
Asked in CGPSC Prelims Exam 2015 · Topic: National Income & Gross Domestic Product (Per Capita Income and its significance)
More Economic Development questions
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- According to the announcement by Government of India in March, 2011, which State U.T. recorded the highest per capita income during 2009-10?
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