Question

India's per capita income is less than Brazil due to ___________.
A) Low national income
B) Massive population
C) Big family size
D) Low food grain production

Answer 1

Hint: The average income earned per person in a specific location (city, region, country, etc.) in a given year is measured by per capita income (PCI). It is computed by dividing the total income of the area by the entire population of the area. The standard of living of a country is frequently measured using per capita income.

Complete answer:
Economic Characteristics of India:
- The Indian economy is entirely centred on agriculture. Agriculture and related sectors account for over 14.2% of Indian GDP, while agriculture employs 53 percent of the country's entire population.
- One of the primary economic challenges in India is overpopulation. Every ten years, India's population grows by roughly 20%. India is home to roughly 17.5 percent of the world's population.
- The nature of Indian manufacture is labour-intensive. Modern machinery and technology are in short supply.

Since the country's independence, India has progressed economically in a variety of ways. Despite the fact that the Indian economy is in its infancy, it is on its way to becoming a mature economy. The Indian economy underwent significant improvements in 1991.

So, India's per capita income is lower than Brazil's due to its large population, and the government must spend a lot of money to keep the country running. Even as the population grows, it takes more time to serve the country. It took a large number of people to persuade others to travel in the appropriate direction in order to avoid unwanted events occurring in this location.

Therefore, Option ‘B’ i.e, Massive population is the correct answer because Due to its massive population, India's per capita income is lower than Brazil's.

Note: India's per capita income is significantly lower than that of wealthy countries. According to the Central Statistics Office (CSO), India's per capita net national income in current prices for the fiscal year 2015-16 was around Rs. 93231/-.