Per Capita Income (PCI) is calculated as:
ATotal national wealth / population
BTotal national income / population
CMedian household income / population
DTotal exports / population
Answer & Solution
Correct answer: B. Total national income / population
PCI = total income (typically GDP or GNI) divided by total population.
It gives the average income per person.
Keep practising Indian Economy & Economic Development
Browse all Indian Economy & Economic Development questions for AFCAT, or explore more Economics topics.
Related questions
The three pillars of sustainability are typically:Sustainable development is best defined as:Infant Mortality Rate (IMR) measures:The Human Development Index (HDI) combines indicators from which three areas?The lowering of Bank Rate by the Reserve Bank of India leads toEconomic growth is usually coupled withIn India, which of the following have the highest share in the disbursement of credit to aA "closed economy" is an economy in which