Question

India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate is 70 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.

Answer 1

BBC recently reported that 500 million indians don't have a toilet at home. Now you can figure out how low is the GDP per capita in india.

Answer 2

The GDP per capita of India in terms of U.S. dollar measurement would be as follows:

$1463.63

Find the GDP

Given that,

GDP(Gross Domestic Product) = Rs.23 Billion

Strength of the population $= 1.1$ Billion

Exchange rate for every U.S. dollar = Rs.70

Now,

We will first find GDP per capita,

GDP per capita $=$ GDP/Population

If 1 dollar = Rs.70

∵ GDP per capita = (23, 000, 000,000 × 70)/1,100,000,000.

=  $1463.63

Learn more about "GDP" here:

brainly.com/question/4131508