Question

Per capita income is regarded as

i) the best indicator of development ii) a better indicator of development than the

national income iii) equally good indicator of development compared to national income

iv) not at all good indicator of development​

Answer 1

Answer:

ii) a better indicator of devlopment than the national income

Answer 2

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Per capita income is regarded as:-

• The best indicator of development
• A better indicator of development than the national income
• Equally good indicator of development compared to national income
• Not at all good indicator of development

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Brother/Sister your correct answer will be:-

Per capita income is regarded as a better indicator of development than the national income.

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If national income of a country goes up but the per capita income is not increasing, that will not raise the living standard of the people. That way, per capita income is a better measure of economic development than the national income. The increase in per capita income is a good measure of economic development.

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✌︎Thanking you, your one of the Brother of your 139 Crore Indian Brothers and Sisters.✌︎

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