As per new estimate what is per capita income in India ? (perannum)

Options

A. Rs 30,000
B. Rs 40,000
C. More than Rs 50,000- but less than Rs 58,000
D. More than 100000

Answer

C

Explanation

The per capita income of Indians for the first time crossed the Rs 50,000-mark in 2010-11, although using current prices as the barometer. According to the revised GDP data for the last financial year, per capita income is estimated to have risen 16.9% to Rs 53,331 compared to Rs 46, 117 in the previous year.