What was India's per capita net national income (estimated) during 2019-20?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs. 1,35,050.
Rs. 1,35,050, which was India's estimated per capita net national income (NNI) during 2019-20, as per the Ministry of Statistics and Programme Implementation (MoSPI).
Other options:
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Rs. 1,15,050: Too low, as India's per capita NNI had already crossed Rs. 1,30,000 by 2019-20.
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Rs. 1,55,050: Overestimates the actual figure, which was lower due to slower economic growth.
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Rs. 1,85,050: Far higher than the official estimate, likely confusing nominal GDP with NNI.
Per capita NNI reflects average income after accounting for depreciation and taxes, making Rs. 1,35,050 the accurate choice.