1 thought on “if the national income of the country is rupees 10 lakh thousand and the mid year population is 10,000 what is the per capita inco”
Explanation:
India’s per capita net national income or NNI was around 135 thousand rupees in 2020.[1] The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees.[1] The same year, GNI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country’s economic performance and welfare, the GNI is related to the GDP or the gross domestic product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation.
Explanation:
India’s per capita net national income or NNI was around 135 thousand rupees in 2020.[1] The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees.[1] The same year, GNI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country’s economic performance and welfare, the GNI is related to the GDP or the gross domestic product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation.