Question

plz answer
mention features of economic development ​

Answer 1

Low per Capita Income: India’s per capita income is very less as compare to developed countries.  As per the estimates of the Central Statistics Office (CSO), the per capita net national income of the country at current prices for the year 2015-16 is estimated to attain the level of Rs. 93231/-. The per capita net national income at constant prices (2011-12) for the year 2015-16 is estimated to attain the level of Rs. 77, 431/-. As per the CSO’s estimates, the per capital net national income at current prices is  

2012-13 ……Rs. 71050/-

2013-14 …… Rs. 79412/

2014-15 …….Rs. 86,879/- 

The per capita net national income at constant prices (base year 2011-12)

2012-13……. Rs. 65,664/-

2013-14……. Rs. 68867/-

2014-15. ……Rs. 72889/-

2. Agriculture Based Economy

please mark my brain list

Answer 2

(а) Economic development is a process.

(b) The process results in the rise in ‘real national income’.

(c) Real Income must be sustained over a ‘long period of time’.