RAS question
What was Jaipur's Gross District Domestic Product at constant (2011-12) prices in 2023-24?
Correct answer: (C) ₹1,23,421 crore.
Jaipur's Gross District Domestic Product at constant (2011-12) prices in 2023-24 was ₹1,23,421 crore.
Explanation
The Rajasthan Economic Review 2024-25 lists district-wise Gross District Domestic Product at both current prices and constant (2011-12) prices. In Table 1.6, Jaipur is shown as the leading district among the top five at constant prices, rising from ₹1,11,417 crore in 2022-23 to ₹1,23,421 crore in 2023-24. Jaipur's 2023-24 constant-price GDDP was ₹1,23,421 crore. The same table gives Jaipur's growth rate at constant prices as 10.77%. The statistical appendix repeats the Jaipur constant-price series and records ₹1,23,421 crore for 2023-24.
Why the other options are wrong
- (A) ₹1,50,000 crore is above the official 2023-24 constant-price GDDP figure for Jaipur, which is ₹1,23,421 crore.
- (B) ₹80,000 crore understates Jaipur's official 2023-24 constant-price GDDP by ₹43,421 crore.
- (D) ₹1,00,000 crore is lower than Jaipur's official 2023-24 constant-price GDDP of ₹1,23,421 crore.
Concept
Rajasthan district income accounting distinguishes current-price GDDP from constant-price GDDP. RAS often uses such figures because they show district-level economic ranking and real growth after holding prices to the 2011-12 base.