Question : The best indicator of economic development of any country is______.
Option 1: Per capita income
Option 2: Per person expense
Option 3: Calorie consumption
Option 4: Women empowerment
New: SSC Stenographer Application Form 2024 Released
Don't Miss: Month-wise current affairs
Suggested: Upcoming government exams
Correct Answer: Per capita income
Solution : The correct option is Per capita income
The term per capita income describes the average annual income per person in a nation or area. This idea helps us understand the median income and standard of living of the people. It is computed by dividing the country's GDP by the entire population. It is unmistakable evidence of the nation's economic expansion.
Application | Eligibility | Dates | FAQs
Question : Which of the following is another term for the average income of a country?
Question : The best index of economic development is provided by
Question : In India, what is the accepted average calorie requirement per person per day in urban areas?
Question : A rising per capita income will indicate better welfare if it is accompanied by:
Question : Accounting of National Income at constant prices is known as____________.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile