In the year 2022-23, on comparing the per capita income of Madhya Pradesh and that of India on the basis of advanced estimates at constant (2011-12) prices, we find that:

Question

UnlockIAS · Accepted Answer

Correct — B. On the 2022-23 advance estimates at constant (2011-12) prices, Madhya Pradesh's per capita income was lower than the all-India per capita income. Both figures are computed on a comparable, inflation-adjusted (constant-price) basis, so the comparison is direct and MP trails the national average.

Why the other options are wrong — (a) Reverses the actual direction — MP's per capita income is below, not above, the national figure.  (c) The two figures are not equal; MP's per capita income sits below the national average.  (d) Wrong — both figures are published on the same constant-price (2011-12 base) methodology, which is exactly what makes them comparable.

Concept: Per capita income is a region's total income divided by its population. To compare a state against the nation on a like-for-like basis, both figures are computed at 'constant prices' — using a fixed base year (2011-12) to strip out the effect of inflation — rather than at 'current prices', which would exaggerate growth in high-inflation years. Advance estimates are the first, provisional figures released for a year, ahead of the final revised estimates.

State PCS 2024 Q37 — Madhya Pradesh GK PYQ with Answer

State PCS 2024 Q37 — Madhya Pradesh GK PYQ with Answer