Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 348)

2023-08-16 Economy

348.

What is the projected increase in India's per capita income by FY47 according to a recent study conducted by SBI Research economists?

7.5 times

9.5 times

10 times

12 times

Answer: Option

Explanation:

Recent study conducted by SBI Research economists is projecting a remarkable increase in per capita income. The study suggests that India’s per capita income is poised to surge by 7.5 times, from Rs 2 lakh ($2,500) in FY23 to Rs 14.9 lakh ($12,400) per annum by FY47.