The 'per capita income' is calculated by dividing national income by: MCQ with Answer and Explanation

Question

Share Report Error

The 'per capita income' is calculated by dividing national income by:

A. number of households

B. total population

C. labour force

D. working population

Answer: Option B

Solution (By JKSSB Mock Tests)

Per capita income is national income divided by total population.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'United Nations' was founded in which year?

A. 1948

B. 1950

C. 1944

D. 1945

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The United Nations was founded in 1945.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'NITI Aayog' was established through a resolution of:

A. President

B. Union Cabinet

C. Supreme Court

D. Parliament

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
NITI Aayog was established by a Union Cabinet resolution on 1 January 2015.

This question belongs to: Economy GK Economy Set 1

Question #3

In India, the exchange rate of the rupee is best described as:

A. fixed by the government

B. managed floating

C. fully floating with no RBI intervention

D. pegged to the dollar

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
India follows a managed floating exchange rate system with occasional RBI intervention.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs