Per Capita Output Growth Rate – Colonial India
What was the per capita output growth rate per year in India during the first half of the twentieth century?
- About 2 per cent
- About 1 per cent
- About half per cent — Correct Answer
- About 3 per cent
Explanation:
Correct Answer Explanation
The per capita output growth rate was a meagre half per cent (0.5%) per year during the first half of the twentieth century.
Key Points:
- Aggregate real output growth: Less than 2%
- Per capita output growth: 0.5% per year
- This data shows the extent of economic stagnation during British rule.
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.
