What was the Per Capita Net State Domestic Product at Current Prices for Bihar for the fiscal year 2022-23, based on the base yea…

Question

What was the Per Capita Net State Domestic Product at Current Prices for Bihar for the fiscal year 2022-23, based on the base year 2011-12?

1. A. ₹54,111 (Correct answer)
2. B. ₹42,083
3. C. ₹61,434
4. D. ₹47,498

Correct Answer

Option A — ₹54,111

Detailed Solution & Explanation

The correct answer is ₹54,111.

Key Points

• The Per Capita Net State Domestic Product (NSDP) of Bihar at current prices for the fiscal year 2022-23 (base year 2011-12) was approximately ₹54,111. Per capita NSDP is the net value of goods and services produced in the state in a year divided by its population, and is a key measure of average income.
• The figure for 2022-23 was around ₹54,111, making option (A) correct.

Additional Information

• despite rapid growth, Bihar's per capita income remains one of the lowest among Indian states — well below the national average — mainly due to its very large population and its historically agrarian economy.