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प्रश्न
Write a short note on per capita income.
उत्तर
- The average income of a person of a country in a particular year is called Per Capita Income.
- Per capita income is obtained by dividing national income by population.
`"Per Capita income" = "National Income"/"Population"`
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संबंधित प्रश्न
With the increase in income, both consumption and savings increase.
Find national income and private income:
(Rs crore)
(i) Wages and salaries 1,000
(ii) Net current transfer to abroad 20
(iii) Net factor income paid to abroad 10
(iv) Profit 400
(v) National debt interest 120
(vi) Social security contributions by employers 100
(vii) Current transfers from government 60
(viii) National income accruing to government 150
(ix) Rent 200
(x) Interest 300
(xi) Royalty 50
C = 100 + 0.4 Y is the Consumption Function of an economy where C is Consumption Expenditure and Y is National Income. Investment expenditure is 1.100. Calculate
(i) Equilibrium level of National Income.
(ii) Consumption expenditure at equilibrium level of national income.
Other things remaining unchanged, when in a country the price of foreign currency rises, national income is: (choose the correct alternative)
a. Likely to rise
b. Likely to fall
c. Likely to rise and fall both
d. Not affected
Giving reason explain how the following should be treated in the estimation of national income:
Payment of interest by a bank to an individual
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Bonus paid to employees
State whether the following statements are TRUE or FALSE with reason.
National income is a flow concept.
State with reason whether you agree or disagree with the following statement:
Gross National product and Gross Domestic product are same concepts.
Distinguish between:
Net national product and Net domestic product.
Write short note on:
Expenditure method of measuring national income.
Define or explain the following concept:
Personal income
Answer the following question.
Define the problem of double counting in the computation of national income. State any two approaches to correct the problem of double counting.
When net factor income from abroad is deducted from NNP, the net value is______.
The value of NNP at production point is called______.
Differentiate between personal and disposable income.
Which of the following items are excluded from GNP measurement?
GDP MP = Rs.1000 and subsidies = Rs.50, then GDP FC will be ______.
If factor cost is greater than marker price, it means that:
Explain the meaning of national income.
