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The estimate given by Dr Rao regarding per capita output was
- a)0.003
- b)0.004
- c)0.002
- d)0.005
Correct answer is option 'D'. Can you explain this answer?
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The estimate given by Dr Rao regarding per capita output wasa)0.003b)0...
After independence, the Government of India appointed the National Income Committee in August, 1949 with Prof. P.C. Mahalnobis as its chairman and Prof. D.R. Gadgil and Dr. V.K.R.V. Rao as its two members so as to compile a national income estimates rationally on scientific basis. The first report of this committee was prepared in 1951. The estimate given by Dr Rao regarding per capita output was 0.005.
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The estimate given by Dr Rao regarding per capita output wasa)0.003b)0...
Dr Rao's estimate of per capita output was 0.005.
Explanation:
- Per capita output refers to the total output of a country divided by the total population.
- Dr Rao must have conducted a study or analysis to arrive at his estimate of per capita output.
- The given options are all decimal fractions, which means that the estimate is likely to be a small number.
- Option D, 0.005, is the largest among the given options, which suggests that it is the most likely estimate for per capita output.
- Without additional information about Dr Rao's analysis or the country in question, we cannot determine the exact method or data used to arrive at this estimate.
Explanation:
- Per capita output refers to the total output of a country divided by the total population.
- Dr Rao must have conducted a study or analysis to arrive at his estimate of per capita output.
- The given options are all decimal fractions, which means that the estimate is likely to be a small number.
- Option D, 0.005, is the largest among the given options, which suggests that it is the most likely estimate for per capita output.
- Without additional information about Dr Rao's analysis or the country in question, we cannot determine the exact method or data used to arrive at this estimate.
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The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer?
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The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer?.
The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The estimate given by Dr Rao regarding per capita output wasa)0.003b)0.004c)0.002d)0.005Correct answer is option 'D'. Can you explain this answer?.
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