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India GNI per capita for 2020 was $1,900.The number is calculated using the nation's gross domestic product (GDP) plus the income it receives from abroad.

It is used to measure and track a nation's wealth from year to year.Gross National Income (GNI) is the total amount of money earned by a nation's people and businesses.Depreciation is the measure of the decreased monetary value of an asset over time due to use, wear and tear, or obsolescence.Īdditional Information Gross National Income (GNI).An increased NDP indicates growth in economic health, while a decrease would indicate a slowdown of the economy of the country.The NDP is calculated by subtracting depreciation from the gross domestic product (GDP).Net domestic product (NDP) is an annual measure of the economic output of a nation that is adjusted as per the depreciation effect.The correct answer is GDP - Depreciation. National Geophysical Research Institute.Centre for Cellular and Molecular Biology.Central Scientific Instruments Organization.​Central Glass and Ceramic Research Institute.Today there are 34 general insurance companies and 24 life insurance companies operating in the country.Objective: Enhance customer satisfaction through increased consumer choice and lower premiums while ensuring the financial security of the insurance market.The IRDA was incorporated as a statutory body in April 2000.It regulates and develops the insurance industry.It was constituted by the recommendations of the Malhotra Committee report, in 1999.Insurance Regulatory and Development Authority of India (IRDAI):.The head office of the Insurance Regulatory and Development Authority of India (IRDAI) is situated in Hyderabad.