wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is the neighboring country that has a high per capita income?

A
Bangladesh
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Sri Lanka
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Pakistan
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Nepal
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Sri Lanka
Income per capita is a measure of the amount of money earned per person in a certain area. It can apply to the average per-person income for a city, region or country, and is used as a means of evaluating the living conditions and quality of life in different areas. It can be calculated for a country by dividing the country's national income by its population.
Income per capita counts each man, woman and child, even newborn babies, as a member of the population. This stands in contrast to other common measurements of an area's prosperity, such as household income, which counts all people residing under one roof as a household, and family income, which counts as a family those related by birth, marriage or adoption who live under the same roof.



flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Functions of the LSA
HISTORY
Watch in App
Join BYJU'S Learning Program
CrossIcon