Assume there are four families in a country. The average per capita income of these families is Rs. 5000. If the incomes of three families is Rs. 4000, Rs. 7000 and Rs. 3000 respectively, what is the income of the fourth family?
Rs. 7500
Rs. 3000
Rs. 2000
Rs. 6000
D.
Rs. 6000
Total income of four families = 5000 x 4 = 20000
Total income of three families = 4000 + 7000 + 3000 = 14000
Income of the fourth family = 20000-14000 = 6000
Development of a country can generally be determined by:
its per capita income
its average literacy level
health status of its people
all the above
Which of the following neighbouring countries has better performance in terms of human development than India?
Bangladesh
Sri Lanka
Nepal
Pakistan
What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?
In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?
