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Question
India’s per capita income is less than Brazil due to ______.
Options
Low national income
Massive Population
Big family size
Low foodgrain production
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Solution
India’s per capita income is less than Brazil due to massive population.
Explanation:
Per capita income is the average income available per person in the given country. It is equal to the ratio of national income and population. Per capita income = national income/population. As the population grows, per capita income per individual declines. India is the country with the second-largest population. As of 2018, India’s total population was 135.8 crores, comprising 17.74% of the global population. On the other hand, Brazil’s population is 20.93 crores, which is only 2.76% of the global population. This makes the per capita income of India less than that of Brazil, even if India has a higher national income.
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|||
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State whether right or wrong-
Per capita income of India is less than Brazil.
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