Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

What is a nation's "Per Capita" Income?
a) It is the income earned per person on an average in the economy.
b) It is GDP/Population size
c) It is National Income/no. of employed people
d) It is National Income/population size

Options:

a), b) and d)

b) and c)

a) b) c)and d)

a) and d)

Correct Answer:

a) and d)

Explanation:

A country's per capita income is the measure of the amount of money earned per person in a nation. It is calculated as: National income/ population size.