21. Assertion (A) : Per Capita Income of India dos not give a complete picture of the economic growth of the county.
    Reason (R) : Per Capita Income of a country is not Independent of the size of its population
    Codes:

1. 1. Both A and R are true and R is the correct explanation of A

   
   
   

   2. Both A and R are true but R is not a correct explanation of A

   
   
   

   3. A is true But R is false

   
   
   

   4. A is false but R is true

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

   N/A

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22. National income figure are

1. 1. very exact

   
   
   

   2. partically exact

   
   
   

   3. only estimates

   
   
   

   4. wrong

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

   N/A

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23. Real National income denotes

1. 1. national income at constant prices

   
   
   

   2. per capita income

   
   
   

   3. national income at current price

   
   
   

   4. net factor income

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A.

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24. The National Income of a country is

1. 1. The annual revenue of the Government

   
   
   

   2. Sum total of factor incomes

   
   
   

   3. Surplus of Public Sector Undertakings

   
   
   

   4. Export minus Import

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

   N/A

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25. Per Capita Income of country is derived from

1. 1. National Income

   
   
   

   2. Population

   
   
   

   3. National Income and Population both

   
   
   

   4. None of these

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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