UPSC CSE Prelims 2014
| Years | 1992 | 1993 | 1994 | 1995 |
|---|---|---|---|---|
| Populations in Lakhs | 20 | 21 | 22 | 23 |
| Income in crore (Rs) | 1010 | 1111 | 1225 | 1345 |
Which one of the following statements is correct in respect of the above data?
The per capita income (PCI) is calculated by dividing the total income by the total population. For the given data, the calculations are as follows:
From these calculations, it is evident that the per capita income for all years (1992, 1993, 1994, and 1995) consistently exceeds 5,000 Rs. Therefore, statement (C) is correct.
Since the population increase in the periods 1993-94 and 1994-95 is less than 5%, this statement is incorrect.
As the income increase in the period 1994-95 is less than 10%, this statement is incorrect.
Based on the per capita income calculations:
The per capita income was highest in 1995, not 1994. Therefore, this statement is incorrect.