The World Bank Report and Per Capita Income Quiz
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Questions and Answers

Which of the following is the correct definition of per capita income?

  • The average income of an individual in a country in a specified year (correct)
  • The income of the bottom 10% of a country's population
  • The income of the top 1% of a country's population
  • The total income of a country divided by its total population

    • Which of the following countries would be classified as a low-income country according to the World Bank Report?

  • India with a per capita income of US$ 1820 per annum in 2017
  • Switzerland with a per capita income of US$ 80,675 per annum in 2017
  • Japan with a per capita income of US$ 38,894 per annum in 2017
  • Nigeria with a per capita income of US$ 1,994 per annum in 2017 (correct)

    • Why is per capita income considered an inadequate measure of development?

  • It does not take into account the distribution of income within a country (correct)
  • It does not consider the education and health of individuals in a country
  • It is not a reliable measure of a country's economic growth
  • It is only based on the average income of individuals in a country

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