Multiple choice general knowledge

Hindu Rate of growth refers to the rate of growth of .

  1. GDP

  2. population

  3. Foodgrains

  4. Per Capita Income

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A Correct answer
Explanation

The 'Hindu Rate of Growth' is a term coined by economist Raj Krishna to describe India's slow economic growth rate of around 3.5% per year from the 1950s to 1980s, under the planned economy model. It specifically refers to GDP growth, not population, foodgrains, or per capita income. The term is now largely historical as India's growth accelerated after economic reforms in 1991.