Q. Which Ministry is responsible for calculating GDP in India? Ministry of FinanceMinistry of Commerce and IndustryMinistry of Central Statistical and Program ImplementationMinistry of consumer Affairs Answer: Ministry of Central Statistical and Program Implementation

Q. What base year is used to calculate per capita income in India? 2004-052011-122001-20022014-15 Answer: 2011-12

Q. Which state of India currently has the highest Per Capita Income? GoaDelhiMaharashtraPunjab Answer: Goa Note: Goa has the highest per capita income among 33 Indian states and union territories, followed by northeast state Sikkim. Capital Delhi, Chandigarh, and Haryana complete the top ...

Q. At present, how much is India's Per Capita Income (based on market prices)? Rs.72350Rs.93293Rs.85261Rs.91,481 Answer: Rs. 91,481 India's annual per capita income at constant prices remained below the pre-COVID level at Rs 91,481 in 2021-22.

Q. How much does the primary sector contribute to India's GDP? 26%20%53%14% Answer: 20% Note: GVA in 2020-21 Share of primary (comprising agriculture, forestry, fishing, and mining & quarrying), secondary (comprising manufacturing, electricity, gas, water supply & other utility ...

Q. Which sector contributes the most to India's economy? Service sectorManufacturing sectorAgricultural sectorSmall scale industries Answer: Service sector

Q. If the contribution of the agricultural sector is decreasing in a country's economy, then what conclusion can be drawn? The country is growing in the direction of being a developed nationThe country is moving towards becoming developing nationThe country is moving towards becoming less ...

Q. What percentage of Indians pay income tax? 15%12%9%5% Answer: 5% Note: And it's safe to say that there could still be another 1–2 crore people who may have paid their taxes but haven't filed the returns yet. So if you tally all that, you'll see that a measly 5% of Indians actually pay ...

Q. Which is not added in the calculation of national income of India? The value of goods and servicesThe sold value of the old fridgeServices rendered by the housewivesBoth & Answer: Both &

Q. Which Indian state gives highest income tax collection to the Government of India? Uttar PradeshKeralaMaharashtraAssam Answer: Maharashtra

Q. Which of the following is considered as financial year in India? April 1 to March 31January 1 to December 31March 1 to April 30March 16 to March 15 Answer: April 1 to March 31

Q. What is the net value of GDP after deducting depreciation from GDP? Net national productNet domestic productGross national productDisposable income Answer: Net domestic product