Mention if the given statement is true or false:

While average income is useful for comparison, it also hides disparities.

see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!

An Intiative by Sri Chaitanya

True

False

answer is A.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

The given statement is true.
A country's average income fails to show how equitable income distribution is. Two countries might have the same average incomes, but it cannot be determined if all the citizens are earning the same amount. Thus, even though per capita income can give an idea about the average incomes of individuals in the country, it still suffers from several disadvantages.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th