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Q.

The per capita income of India in 2015-16 was:


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a

Rs. 86,879

b

Rs. 86,789

c

Rs. 89,876

d

Rs. 86,979 

answer is A.

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Detailed Solution

In 2015-16, India's per capita income was Rs. 86,879. It is quite impressive data since the country's per capita income till 2004 was just Rs. 28,000. It shows that the government has worked effortlessly to improve the economic conditions of the country as a whole as well as the standard of living of its citizens. Recently, our economy has taken many initiatives to improve value faster. The service sector is employing job seekers rapidly as the government has started promoting start-ups and entrepreneurship to encourage the youth to set up industrial units, which will increase employment opportunities.
 
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