Which one of the following is a correct explanation of Average income?

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MCQ (Single)Per Capita Income as Development IndicatorCBSE PYQ

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Choose the correct option to fill in the blank : The total value of all final goods and services produced within a country in a particular year is called __________.

MCQ (Single)Per Capita Income as Development Indicator

The World Bank's development report is prepared on the basis of which of the following :

MCQ (Single)Per Capita Income as Development Indicator

'Per capita income' is criterion for development of which one of the following?

MCQ (Single)Per Capita Income as Development Indicator

Which of the following is a key indicator used to measure a country's development?

MCQ (Single)Per Capita Income as Development Indicator

Assume there are four families in a locality. If the monthly income of each family is ₹ 10,000, ₹ 20,000, ₹ 30,000 and ₹ 40,000, then what is the average income of the locality? Choose the correct option from the following:

MCQ (Single)Per Capita Income as Development Indicator