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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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