What is average income or per capital income ? -SST 10th

What is average income or per capital income ? -SST 10th
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When the total national income is divided by the total population, it is called the per capital income. Per Capital Income = National Income / Population
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What are the limitations of the per capital income criteria of development ? -SST 10th

Description : What are the limitations of the per capital income criteria of development ? -SST 10th

Last Answer : (i) Per capital income is the average income of a country. (ii) Per capital income criteria takes into account only the economic aspect of life and ignores the social, aspect of life. (iii) ... because it is far behind than Kerala in literacy rate and has higher infant mortality rate than Kerala.

WHY IS PER CAPITAL INCOME considerd as an important criterion for development -SST 10th

Description : WHY IS PER CAPITAL INCOME considerd as an important criterion for development -SST 10th

Last Answer : Average income represents the total income of a country keeping in view of the total population.If the average income is adequate to meet, the basic requirement and other facilities that country is considered developed.More income means more of all things that human beings need.

Government grants related to income as per the Accounting Standard (AS)-12 should be– (A) Presented as a credit in the statement of Profit and Loss (B) Presented as a deferred income on the asset side of the balance sheet (C) Presented as a capital grant on the liability side of balance sheet (D) Presented both in the Profit and Loss statement and in the balance sheet

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Last Answer : Answer: Presented both in the Profit and Loss statement and in the balance sheet

An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of ... the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Last Answer : (4) When such increase is the result of increased production of intoxicants Explanation: An increase in per capita income due to increased production of intoxicants cannot be taken as economic ... population, include: GDP, literacy, access to health care, and assessments of environmental quality.

Economic progress of a country is determined by - (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Description : Economic progress of a country is determined by - (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Last Answer : (1) Increase in per capita income of people of country Explanation: Economic progress of a country is determined by increase in per capita income of people f that country.

The per capital income of India from 1950 to 1990 is four times. This study is (a) social (b) Factorial (c) Longitudinal (d) horizontal

Description : The per capital income of India from 1950 to 1990 is four times. This study is (a) social (b) Factorial (c) Longitudinal (d) horizontal

Last Answer : (c) Longitudinal

. As per section 40(b) of the Income Tax Act, 1961, upto ____ % per annum simple interest on capital is allowed towards remuneration of working partners. a) 6 b) 12 c) 15

Description : . As per section 40(b) of the Income Tax Act, 1961, upto ____ % per annum simple interest on capital is allowed towards remuneration of working partners. a) 6 b) 12 c) 15

Last Answer : b) 12

What makes India a developing economy? A. Rise in National Income B. Rise in Per Capita Income C. Growing Capital Income D. All of the above

Description : What makes India a developing economy? A. Rise in National Income B. Rise in Per Capita Income C. Growing Capital Income D. All of the above

Last Answer : A. Rise in National Income

Economic progress of a country is determined by (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Description : Economic progress of a country is determined by (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Last Answer : Increase in per capita income of people of country

An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts ( ... production of industrial goods (4) When such increase is the result of increased production of intoxicants 

Last Answer : When such increase is the result of increased production of intoxicants

Suppose there are four families in your locality, the average per capita income of whom is Rs. 10,000.

Description : Suppose there are four families in your locality, the average per capita income of whom is Rs. 10,000.

Last Answer : Suppose there are four families in your locality, the average per capita income of whom is Rs. 10,000. If the ... (c) Rs. 12,000 (d) Rs. 15,000

A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross income of the farm from the sale of milk ? (A) Between Rs. 2,000 and Rs. 2,200 (B) Between Rs. 1,250 and Rs. 1,400 (C) Between Rs. 700 and Rs. 825 (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

Description : A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross ... (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

Last Answer : (B) Between Rs. 1,250 and Rs. 1,400

The picture above explains a. we cannot take national income as indicator for development. b. per capita income is better measure for development. c. average income hide disparities. d. none of the above

Description : The picture above explains a. we cannot take national income as indicator for development. b. per capita income is better measure for development. c. average income hide disparities. d. none of the above

Last Answer : c. average income hide disparities.

A man spends Rs 1,800 per month on an average for the first four mouths and Rs 2,000 per month for the nest 8 months and saves Rs 5,600 a year. What is his average monthly income ?

Description : A man spends Rs 1,800 per month on an average for the first four mouths and Rs 2,000 per month for the nest 8 months and saves Rs 5,600 a year. What is his average monthly income ?

Last Answer : Total expenditure during first four months = 1,800 x 4 = Rs 7,200 Total expenditure during the next 8 months = 2,000 x 8 = Rs 16,000 Saving = Rs 5,600 Total of expenditure and saving (equal to income ... ,200+ 16,000 + 5,600=Rs 28,800 Average monthly income = 28,800 /12 = Rs 2,400

In a famous restaurant rooms were numbered from 401 to 430, each room gives an earning of Rs. 4675/ day for the first 15 days a month and for the later half, Rs. 5370/ day per room. Find the average income room per day over the month of 30 days? A) 5700.5 B) 5872.7 C) 5900.5 D) 5022.5

Description : In a famous restaurant rooms were numbered from 401 to 430, each room gives an earning of Rs. 4675/ day for the first 15 days a month and for the later half, Rs. 5370/ day per room. Find the average income room per day over the month of 30 days? A) 5700.5 B) 5872.7 C) 5900.5 D) 5022.5  

Last Answer : Answer: D) Total number of rooms = 30 earning in 1st 15 days for 30 rooms  = 15 * 4675* 30 = Rs. 2103750 earning in 2nd 15 days for 30 rooms  = 15 * 5370 * 30 = Rs. 2416500 Average income per ... day over the month of 30 days  = [ 2103750 + 2416500] / [ 30 * 30]  = Rs. 5022.5

Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully paid. Average expected profit is Rs.8,500. Transfer to reserves is 10%. Pref. dividend is payable. NRR is 9%. The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20s

Description : Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully ... . The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20

Last Answer : Rs.10.70

Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of WACC, weight assigned to the preferred stock is based on the coupon rate multiplied by the par value of the stock. c) A firm's WACC will decrease as the corporate tax rate decreases. d) The weight of the common stock used in the computation of the WACC is based on the number of shares outstanding multiplied by the book value per share.

Description : Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of ... of the WACC is based on the number of shares outstanding multiplied by the book value per share.

Last Answer : a) The WACC may decrease as a firm's debt-equity ratio increases.

“Average income is an important criterion for development.” Explain. -SST 10th

Description : “Average income is an important criterion for development.” Explain. -SST 10th

Last Answer : (i) Average income gives us an idea what an average person is likely to get out of the total national income. (ii) Average income is used to classify the countries into rich, poor or developing nations. (iii) Average income is used to make economic policies.

How is the average income of a country calculated ? -SST 10th

Description : How is the average income of a country calculated ? -SST 10th

Last Answer : Dividing the total income of the country by its total population.