Per capita income of a country means:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → the total national income of the country divided by its population in a specific period.
Per capita income is income per person. We divide the total national income by the whole population, not by workers or households, for a given period.
NCERT (2026-27): Glossary: “Per Capita Income – Total national income of a country divided by its population in a specific period.” |