UPSC Economics People as Resource Question Bank Structure of Economy and Human Resources in India

  • question_answer
    Per capita Income of a country derived from

    A) National Income

    B) Population

    C) National Income and Population both

    D) None of these

    Correct Answer: C

    Solution :

    Per capita income of a country derived from National Income and population both. Per Capita Income is obtained by dividing National Income by total population of the country. Per capita income, also known as income per person, is the mean income of the people in a country. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.

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