Question

What could be the major reason for low per capita income in India?

• A. Lack of education
• B. Rapid rise in population
• C. Lack of foreign investment policies
• D. Lack of healthcare facilities

Answer 1

The correct option is B Rapid rise in population

Rapid growth in population directly affects per capita income in an economy. The rapid growth leads to the problem of allocation of scarce resources. The lack of education, healthcare, and employment opportunities lowers the income level of the citizens, which results in low per capita income of the country.