GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Highest per capita income is inversely co-related with the proportion of active population engaged in
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service
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industry
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agriculture
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All of these
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Explanation:
Detailed explanation-1: -Per capita income represents the average income of an individual in a country. It reflects the people’s standard of living and can be used to compare the economic conditions of various countries.
Detailed explanation-2: -Per capita income is used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country’s national income by its population.
Detailed explanation-3: -For example, although Goa has the highest Per Capita Income among the states in India, there are variations in the Per Capita Income of North Goa and South Goa.
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