Question

Q1 - What does national income refers to?
Q2- Define economic growth.
Q3-Which state has least per capita
income?
Q4. Why kerala has low infant mortality
rate?
Q5- Name three social indicators of
Development
​

Answer 1

1) National income is the total value a country's final output of all new goods and services produced in one year. Understanding how national income is created is the starting point for macroeconomics.

2) One can define economic growth as the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. Statisticians conventionally measure such growth as the percent rate of increase in real gross domestic product, or real GDP.

3)Bihar

Data released by the Ministry of Statistics and Programme Implementation (MoSPI), says that Bihar has the lowest NSDP per capita (INR at Current prices)Rs .

4) Kerala has low infant mortality rate because it mainly concentrates on human resource development. It has also made many provisions on developing the quality of education and medicl facilities.

5)The main social indicators of development include education, health, employment and unemployment rates and gender equality, and this post introduces students to the specific indicators which institutions such as the World Bank and United Nations use to measure how 'developed' a country .