GS PrelimsEconomyNational Income Accounting2003

Which one among the following countries has the lowest GDP per capita?

A

China

B

India

C

Indonesia

D

Sri Lanka

Correct Answer: Option B

Explanation

1. The question asks which among the given countries had the lowest GDP per capita around the year 2003 (using data relevant to that time, likely 2001 or 2002 figures). 2. The options are China, India, Indonesia, and Sri Lanka. 3. Comparing approximate GDP per capita (nominal or PPP) for these countries around the early 2000s: - China: Had a rapidly growing economy, GDP per capita was higher than India's. - India: Had a relatively low GDP per capita compared to the other options except possibly Indonesia, depending on the year and metric (Nominal vs PPP). - Indonesia: GDP per capita was generally low, sometimes comparable to or slightly higher/lower than India's in that era. - Sri Lanka: Had a significantly higher GDP per capita than India during that period. 4. Based on data from sources like the World Bank or IMF for the early 2000s, India generally had the lowest GDP per capita (both nominal and PPP) among these four countries. 5. Therefore, the correct answer is (B).

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