Chapter - 1

Economics

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Indian Economy - Understanding the basics of Indian economic system

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Assume there are four families in a country. The average per capita income of these families is ? 5000. If the income of three families is ? 4000, ? 7000 and ? 3000 respectively, what is the income of the fourth family ?

? 7,500

? 3,000

? 2,000

? 6,000

Explanation: