Practice free →
HomeUPSC CSEEconomicsIndian Economy › Growth of aggregate real output in the first hal…

Growth of aggregate real output in the first half of the twentieth century was less than:

ATen per cent
BHalf per cent
CTwo per cent
DFive per cent
Answer & Solution
Correct answer: C. Two per cent
1. The colonial government never estimated national income. 2. Output growth was under two per cent. 3. Per capita growth was a meagre half per cent. _Source: NCERT Class 11 Indian Economic Development, Chapter 1, Indian Economy on the Eve of Independence._
Solve this in the app — UPSC CSE practice & 24k+ MCQs →
Related questions