RAS question
What is the PCI of Rajasthan at constant (2011-12) prices for 2024-25?
Correct answer: (B) ₹96,638.
Rajasthan's per capita income at constant 2011-12 prices for 2024-25 is Rs 96,638.
Explanation
At constant 2011-12 prices, Rajasthan's per capita income for 2024-25 is estimated at Rs 96,638. This is the relevant figure because the question asks for PCI at constant prices, which strips out the effect of price changes and is therefore used to read real growth. The Economic Review states that this estimate rose from Rs 90,414 in 2023-24, giving a growth rate of 6.88 per cent in 2024-25. The Economic Review separately gives Rajasthan's PCI at current prices as Rs 1,85,053, so that higher number is not the answer to a constant-price question.
Why the other options are wrong
- (A) Rs 90,414 is Rajasthan's PCI at constant 2011-12 prices for 2023-24, not the 2024-25 estimate asked here.
- (C) Rs 1,85,053 is Rajasthan's PCI for 2024-25 at current prices, while the question specifically asks for constant 2011-12 prices.
- (D) Rs 1,12,358 is the All India PCI at constant 2011-12 prices for 2024-25, not Rajasthan's figure.
Concept
This tests the distinction between current-price and constant-price income estimates in Rajasthan's state income accounts. RAS repeatedly uses such figures because Economic Review tables are a standard source for factual economy questions.