Q. Consider the following statements regarding GDP per capita:

1. It measures the standard of living in an economy.
2. It measures the personal income of citizens.
3. It is an indicator of the overall health of a country's economy.

Select the correct option from the codes given below:
Answer: 3 only
Notes: GDP per capita is mainly used as an indicator of economic health and productivity, not as an accurate measurement of standard of living or personal income. It represents total economic output divided by population, so it does not capture income distribution nor reflect actual personal incomes, and is only one of several indicators of national well-being.