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Suppose India’s GNP increased at an annual average rate of 6.6% during the Tenth plan, presuming that the growth rate of population is 2 per cent per annum; per capita income would increase at an annual average rate of________.
  • a)
    3.3%
  • b)
    4.6%
  • c)
    6.6%
  • d)
    2%
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Suppose Indias GNP increased at an annual average rate of 6.6% during ...
Calculation of Per Capita Income Growth Rate

Given:
GNP growth rate = 6.6%
Population growth rate = 2%

Formula:
Per capita income growth rate = GNP growth rate - Population growth rate

Calculation:
Per capita income growth rate = 6.6% - 2%
Per capita income growth rate = 4.6%

Therefore, the per capita income would increase at an annual average rate of 4.6%.
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Suppose Indias GNP increased at an annual average rate of 6.6% during the Tenth plan, presuming that the growth rate of population is 2 per cent per annum; per capita income would increase at an annual average rate of________.a)3.3%b)4.6%c)6.6%d)2%Correct answer is option 'B'. Can you explain this answer?
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Suppose Indias GNP increased at an annual average rate of 6.6% during the Tenth plan, presuming that the growth rate of population is 2 per cent per annum; per capita income would increase at an annual average rate of________.a)3.3%b)4.6%c)6.6%d)2%Correct answer is option 'B'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about Suppose Indias GNP increased at an annual average rate of 6.6% during the Tenth plan, presuming that the growth rate of population is 2 per cent per annum; per capita income would increase at an annual average rate of________.a)3.3%b)4.6%c)6.6%d)2%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Suppose Indias GNP increased at an annual average rate of 6.6% during the Tenth plan, presuming that the growth rate of population is 2 per cent per annum; per capita income would increase at an annual average rate of________.a)3.3%b)4.6%c)6.6%d)2%Correct answer is option 'B'. Can you explain this answer?.
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