Per Capita Income

Q. Why is per capita income not an adequate indicator of the economic development of a country?

1. Per capita income hides inequalities.
2. Per capita income considers inequalities.
3. Per capita income considers only the income earned by rich people.
4. Per capita income can only apply to developing countries.

Q.

Write the meaning of per capita income?

Q. What is obtained by dividing the total income of a country by its population?

1. National income
2. Gross domestic product
3. Average income
4. Total income of the state

Q. Average income is calculated by dividing the total income of the country by its

1. Total Population
2. None of the above
3. Total G.D.P
4. Total Working Population

Q. _________ is obtained by dividing the total income of the country by its population.

1. Per capita income
2. National income
3. Human development index
4. Economic development

Q. Assertion (A): Per capita income cannot be considered a helpful measure to judge the welfare of the citizens.

Reason (R): Per capita income is just the average income of the country.

1. Both A and R are true, and R is the correct explanation for A.
2. Both A and R are true, but R is not the correct explanation for A.
3. A is true, but R is false.
4. A is false, but R is true.

Q. In the World Development Reports, the World Bank classifies countries based on .

1. total income
2. per capita income
3. literacy rate
4. health

Q. Per capita income is the total value of all goods and services produced in a country in one year.

1. True
2. False

Q. ___________ refers to the amount of money or income earned per person in a region or state.

1. Per capita income
2. National income
3. Gross domestic product
4. Gross domestic income

Q. Which of the following is/are NOT considered by per capita income?

1. Access to education
2. Access to shelter
3. Access to healthcare
4. Access to clean water