2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
2%
|
|
|
3.5%
|
|
|
5.9%
|
|
|
10%
|
Detailed explanation-1: -Indians spend an average of 3.5% of their daily income on a plate of food.
Detailed explanation-2: -Kantar noted that groceries, dairy, fruit and vegetables account for 41% of share of expenses for an Indian household-making it the highest share of expense for a household. This is followed by rent, utilities and medical expenses that constitute 21% of the household expenses.
Detailed explanation-3: -In 2021, U.S. consumers spent an average of 10.3 percent of their disposable personal income on food-divided between food at home (5.2 percent) and food away from home (5.1 percent).
Detailed explanation-4: -Before we go on, let’s break this down into individual people. The average American household is 2.58 people, thus the average American person spends $2,792 per year on food, or $233 per month, or $54 per week, or $7.64 per day on food.
Detailed explanation-5: -An Indian living in a town or city spends Rs 88 ($1.8) every day and in a village Rs 48 (72 cents), according to our analysis of government spending data, last released in 2011-12.