Q.

What was the per capita income of India in 2017?


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a

US $ 1250 p.a

b

US $ 1820 p.a

c

US $ 1470 p.a

d

US $ 2150 p.a 

answer is B.

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Detailed Solution

During the year 2017 per capita income of India, was $1820 per annum, and it was classified as a low-middle-income country by the world bank. The World Bank classifies countries into high-income, upper-middle income, lower-middle income, or low-income. The per capita income is estimated by dividing the total income of the country by the total population of the country.
 
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