BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
total population of the country
|
|
|
total working population
|
|
|
area of the country
|
|
|
volume of the capital used
|
Detailed explanation-1: -The average income is obtained by dividing the total income of a country by its population. Average income is also called per capita income. Per capita income refers to money or income earned per person in a region or state.
Detailed explanation-2: -Per capita income for a nation is calculated by dividing the country’s national income by its population.
Detailed explanation-3: -Per capita income is calculated by dividing the population by the national income.
Detailed explanation-4: -To calculate per capita, take the number you are interested in (e.g. a country’s GDP) and divide it by the population being analyzed.
Detailed explanation-5: -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.