Aspirant Academy
ENHI

RAS question

What was Rajasthan's industry-sector GVA CAGR at current prices from 2011-12 to 2024-25?

Correct answer: (C) 9.17%.

Rajasthan's industry-sector GVA at current prices recorded a CAGR of 9.17% from 2011-12 to 2024-25.

  1. (A)

    12%

  2. (B)

    6%

  3. (C)

    9.17%

  4. (D)

    4%

Explanation

Rajasthan's Economic Review reports that the Industry Sector's Gross Value Added at current prices rose from Rs 1.36 lakh crore in 2011-12 to Rs 4.26 lakh crore in 2024-25. That increase is expressed as a compound annual growth rate of 9.17% at current prices, which is why 9.17% is the answer. The crucial qualifier is "at current prices": the Economic Review also discusses constant-price performance separately, so mixing the two price bases would give the wrong reading. The required figure is the official current-price CAGR, not a rough growth impression from the start and end values.

Why the other options are wrong

  • (A) 12% overstates the official current-price CAGR; the Economic Review gives 9.17% for 2011-12 to 2024-25.
  • (B) 6% understates the official current-price CAGR and does not match the reported rise from Rs 1.36 lakh crore to Rs 4.26 lakh crore.
  • (D) 4% is not the current-price CAGR; the Economic Review reports 9.17% at current prices and treats constant-price growth separately.

Concept

This tests Rajasthan Economy data interpretation, especially sectoral GVA and CAGR from the state Economic Review. It recurs in RAS because official growth indicators are often asked as precise, source-based facts.

Source

Related questions