SSC GD 2019 PYQ — Question 30

SSC GD Constable (English) - 15 Feb 2019 Shift 1 • General Awareness • Q30

What is another term for Per Capita Income?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e. Average Income.

Another term for Per Capita Income is 'Average Income.' It represents the average earnings of each individual in a given area, calculated by dividing the total income of the area by its population. This metric is often used to compare the economic well-being of different regions or countries, providing an insight into the standard of living and economic health. Average Income is a key indicator in economic analysis and policy-making.