Correct Option (C)
The per capita income (PCI) is calculated by dividing the total income by the total population. For the given data, the calculations are as follows:
- For 1992: (1010 crore Rs / 20 lakh) * 100 = 5050 Rs
- For 1993: (1111 crore Rs / 21 lakh) * 100 ≈ 5290.48 Rs
- For 1994: (1225 crore Rs / 22 lakh) * 100 ≈ 5568.18 Rs
- For 1995: (1345 crore Rs / 23 lakh) * 100 ≈ 5847.83 Rs
From these calculations, it is evident that the per capita income for all years (1992, 1993, 1994, and 1995) consistently exceeds 5,000 Rs. Therefore, statement (C) is correct.
Incorrect Options:
Option (A): Population increased by 5% or more every year.
- Population increase from 1992 to 1993: ((21 - 20) / 20) * 100 = 5%.
- Population increase from 1993 to 1994: ((22 - 21) / 21) * 100 ≈ 4.76%.
- Population increase from 1994 to 1995: ((23 - 22) / 22) * 100 ≈ 4.55%.
Since the population increase in the periods 1993-94 and 1994-95 is less than 5%, this statement is incorrect.
Option (B): Income increased by 10% or more every year.
- Income increase from 1992 to 1993: ((1111 - 1010) / 1010) * 100 = 10%.
- Income increase from 1993 to 1994: ((1225 - 1111) / 1111) * 100 ≈ 10.26%.
- Income increase from 1994 to 1995: ((1345 - 1225) / 1225) * 100 ≈ 9.79%.
As the income increase in the period 1994-95 is less than 10%, this statement is incorrect.
Option (D): Per capita income was highest in 1994.
Based on the per capita income calculations:
- 1992: 5050 Rs
- 1993: 5290.48 Rs
- 1994: 5568.18 Rs
- 1995: 5847.83 Rs
The per capita income was highest in 1995, not 1994. Therefore, this statement is incorrect.