Question 9 - MCQ Questions (1 Mark) - Chapter 1 Class 10 Economics - Development - Economics

As of 2020, India is the 6th largest economy in the world, but is ranked low in per capita income. What can be the reason for this? 

1. low foreign investments 
2. low GDP growth rate
3. high mortality rate 
4. high poverty

Answer:

So, the correct answer is (D): High poverty 

Explanation

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High poverty is the reason, India ranked low in per capita income because the i ncome disparities between the rich and the poor are fairly large. 

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