Indian Economy On The Eve Of Independence — Economics STD 12 Commerce — Question
CBSE BoardEnglish MediumSTD 12 CommerceEconomicsIndian Economy On The Eve Of Independence1 Mark
Question
What is 'Per Capita Income'?
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Answer
It is the income per head' and is obtained by dividing the national income of a country by its population in a specific period.$\text{P.C. I.}=\frac{\text{NI}}{\text{Population}}$
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