Question

Which of the following statements are correct?

1. Per capita income is defined as the ratio of national income over population.
2. India is world’s second largest populated country after China.
3. Majority of India’s working population depends on industrial activities for their livelihood.

Options

• Only I

• Only III

• Only I and II

• Only II and III

Answer 1

Only I

Explanation:

• India’s current population is around 1.43 billion and continues to grow. The country has overtaken China to become the world’s most populous nation. With the global population close to 8 billion, India accounts for approximately 17% of the world’s total population.
• However, 43 percent of India’s working population depends on agriculture for their livelihood and identifies India as predominantly an agricultural economy, not an industrial one. Thus, the statement that the majority depend on industrial activities is incorrect.
• Therefore, only statement I is correct.