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Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.
 
Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.
What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?
  • a)
    Rs. 12,000
  • b)
    Rs. 16,000
  • c)
    Rs. 20,000
  • d)
    Rs. 34,000
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Historically, the biggest Challenge to world agriculture has been to a...
Calculation:
To find the new average monthly income of a person in the family, we need to consider the total income of the family before and after the increase in income of one person.
Let the initial total monthly income of the family be T and the initial average monthly income per person be A.
Given:
Total monthly income (T) = Rs. 10,000 * 5 = Rs. 50,000
Initial average monthly income per person (A) = T/5 = Rs. 10,000
After the increase in income of one person by Rs. 1,20,000 per year, the new total monthly income of the family will be:
New total monthly income = Rs. 50,000 + Rs. 1,20,000 = Rs. 1,70,000

Calculation of new average monthly income per person:
To calculate the new average monthly income per person, we divide the new total monthly income by the number of family members (5).
New average monthly income per person = Rs. 1,70,000 / 5 = Rs. 34,000
Therefore, the new average monthly income of a person in the same family after the increase in income of one person by Rs. 1,20,000 per year will be Rs. 34,000.
So, the correct answer is option 'D) Rs. 34,000'.
Community Answer
Historically, the biggest Challenge to world agriculture has been to a...
How it is possible to get Rs.34000 as average monthly income? my answer is Rs.12000 option A
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Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer?
Question Description
Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer?.
Solutions for Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. The average monthly income of a person in a certain family of 5 is Rs. 10,000.What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?a)Rs. 12,000b)Rs. 16,000c)Rs. 20,000d)Rs. 34,000Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
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