BPSC CCE Prelims
Economic Growth and Development Previous Year Questions (PYQs)
Practice solved questions for Economic Growth and Development with detailed step-by-step solutions, key insights, and trend analysis for BPSC CCE PRELIMS.
Solved Previous Year Questions
Filter & practice questions topic-wise
The best index of economic development is provided by
Detailed Explanation:
Per capita real income accounts for both population growth and inflation, reflecting the actual purchasing power and living standards of individuals year-on-year.
National income at current prices ignores inflation; savings ratio and balance of payments are partial indicators that do not capture overall welfare or equitable distribution of growth.
Therefore, growth in per capita real income from year to year is the best index of economic development, making Option 2 the correct answer.
🧐 Not Sure What to Study Next?
Get a personalised study plan based on your goals, time and revision needs.
Related Topics in Indian Economy
Economic Planning in India
Agricultural Reforms
Poverty
Banking Reforms
LPG Reforms 1991
Allied Activities
National Income Concepts
Evolution and Functions of Money
Frequently Asked Questions
Common questions about Economic Growth and Development in BPSC CCE PRELIMS