📈 EconomyUPSC 2001Fundamentals of Economy

Consider the following states:1. ​Gujarat​2. Karnataka3. Maharashtra4. Tamil Nadu The descending order of these states with reference to their level of Per Capita Net State Domestic Product is : ​

a​1, 3, 4, 2
b3, 1, 2, 4
c​1, 3, 2, 4
d​3, 1, 4, 2
✓ Correct answer: d) ​3, 1, 4, 2
ExplanationAs per Reserve Bank of India (RBI) data for 2000- 01, In 2001, Maharashtra had the highest Per Capita Net State Domestic Product (NSDP) amongst above options , driven by its strong industrial base, financial services hub in Mumbai, and a well-developed infrastructure.Gujarat followed Maharashtra, leveraging its thriving trade, petrochemical industries, and rapid industrialization.Tam- il Nadu ranked third with a diversified economy, including textiles, automobiles, and IT industries.Karnataka ranked fourth as its IT sector was still in the early stages of development compared to its current dominance.Note: Today, According to the Press Information Bureau (PIB) of India, the per capita NSDP at current prices (2021-22) for these states were as follows :Karnataka : 2,65,623 Rs.Gujarat: 2,50,100 Rs.Tamil Nadu : 2,41,131 Rs.Maharashtra: 2,15,233 Rs. Based on this data, the descending order of these states with ref- erence to their level of Per Capita Net State Domestic Product is: Karnataka > Gujarat> Tamil Nadu >Maharashtra8. Assertion (A): India’s software exports incre

Practice more Economy PYQs

Attempt a free 10-question quiz or browse the full Economy previous-year-question bank with instant answers and explanations.

📈 Economy PYQs →