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Question

The national income of two countries A and B were same in the year 2020. The total population of country A is 30 crore, whereas country B has a population of 10 crore.
With regard to these two countries, which of the following statements is correct?

A
Country B has lower per capita income.
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B
Country B has higher per capita income.
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C
National income and the population are not enough to determine the per capita income.
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D
Both countries have the same level of per capita income.
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Solution

The correct option is B Country B has higher per capita income.
Per capita income is obtained by dividing the total income of the country by its population. In case of two countries having similar levels of national income, the one with less population has a higher level of per capita income.

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