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The National Statistical Office said the estimated annual per capita at current prices for 2022-23 stands at _____________.
Question

The National Statistical Office said the estimated annual per capita at current prices for 2022-23 stands at _____________.

A.

₹ 1.72 lakh

B.

₹ 2.72 lakh

C.

₹ 6.72 lakh

D.

₹ 10.72 lakh

Correct option is A

The correct answer is (A) ₹1.72 lakh

Explanation:

According to the National Statistical Office (NSO), the estimated annual per capita net national income (NNI) at current prices for the financial year 2022-23 is ₹1,72,000. 

Information Booster:
  • This per capita income reflects the average income earned per person in the country during the specified period.

  • It indicates an increase of approximately 99% from ₹86,647 in 2014-15, highlighting significant economic growth over the years.

Additional Information:
  • Per Capita Income: A measure that divides the country's national income by its population, providing an average income per person.

  • Net National Income (NNI): The total income of a nation's residents after accounting for depreciation of capital.

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