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Q.

Which of the following states has the highest per capita income?


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a

Punjab

b

Bihar

c

Kerala

d

Tamil Nadu 

answer is A.

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Detailed Solution

Punjab has the highest per capita income in the country. Per capita income is the total income of a geographical location divided by its total population. It is one of the parameters used by the World Bank to compare the development of countries. It is also known as the average income of the country. A country with high per capita income shows that it has earnings that are higher than the average and that it is a developed country.
 
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