WBCS.LIVE practice question

The term 'Hindu Rate of Growth' refers to the low growth rate of what?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Population
  2. National Income (GDP)
  3. Agricultural production
  4. Literacy

Correct answer and explanation

Correct answer: National Income (GDP)

Explanation: āœ… Correct Answer: B) National Income (GDP) šŸ“š Explanation: The prominent Indian economist Raj Krishna humorously coined the term "Hindu Rate of Growth" in 1978. He used this specific term to describe the stubbornly low, stagnant annual growth rate of the Indian economy (GDP), which hovered around an unimpressive 3.5% from the 1950s all the way through the 1980s.