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Per capita GNP is the total value of all the goods and services produced by a country in a year including income from foreign investments, divided by the number of people living there. For countries which have a lot of foreign investments, GNP per capita is a more accurate economic indicator. GNP = GDP + Net income inflow from abroad – Net income outflow to foreign countries. Therefore, if gains of increase in per capita income are grabbed by a small section of society (i.e. poverty and unemployment has increased and the increase in GNP is with a smaller section of population), then economic growth will not lead to economic development.
Infrastructure Investment Trusts, 2014 are regulated in the country by?
...Which of the following countries is the largest producer of milk?
'My Life As A Comrade' is the autobiography of whom among the following?
How many types of writs can be issued under Article 32 and 226 of the Constitution of India?
Which university in Haryana has been granted a patent for developing a carbomethylcellulose ester-based drug delivery system?
Which of the following thematic areas under the ‘Deep Ocean Mission’ is being implemented by the Centre for Marine Living Resources?
The districts irrigated by Jawai Dam Project are -
Consider the following statements in relation to House Price Index (HPI):
1. The HPI is published annually by the Reserve Bank of India. <...