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SSC Stenographer 2022 PYQ — Question 105

SSC Stenographer - 17 Nov 2022 - Shift 2 • General Awareness • Q105

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Which of the following is another term for the average income of a country? 

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Correct answer: D

Explanation

The correct answer is Option 4 i.e. Per capita income.

  • Per capita income is another common term for the average income of a country. 
  • It is a measure of the amount of money earned per person in a nation or geographic region and is used to determine the average per person income for an area to evaluate the standard of living and quality of life of the population. 
  • The per capita income for a nation is calculated by dividing the country's national income by its population.