Q1: Define per capita income.
Ans: Average income of a country is called per capita income. National income is divided by the population to define per capita income.
Q2: Write down the formula for per capita income.
Ans: Per capita income = National Income/Total Population
Q3: Write four causes of low per capita income in Pakistan.
Ans: 1) Overpopulation 2) Low efficiency of labourers 3) Shortage of capital 4) Agricultural and industrial backwardness
Q4: Write four methods to increase per capita income in Pakistan.
Ans: 1) Optimum utilization of natural resources 2) Control population 3) Education and training 4) Agriculture and industrial development
Q5: What is meant by tax culture?
Ans: Tax culture refers to the tax system in a country, the imposition of taxes, the nature of taxes, the types of taxes, the rules and regulations of taxes, and the attitude of the tax-paying and collecting staff.
Q6: Write the reasons for the breakdown of tax culture in Pakistan.
Ans: 1) complex tax system 2) inflexible 3) unfair 4) inefficient