Population Growth Rate and World Population

The world's population has crossed 7 arab in 2011 AD. The population started to increase rapidly since middle of 17th century. This note has information about the state of world's population and population growth rate.

Summary

The world's population has crossed 7 arab in 2011 AD. The population started to increase rapidly since middle of 17th century. This note has information about the state of world's population and population growth rate.

Things to Remember

  • The world's population has crossed 7 arab in 2011 AD. In 1 AD, the total population of the world was 250 million, i.e. 25 crore only. The world population took about 1650 years to reach 50 crore. In 1820 AD, the population of the world reached 100 crore, i.e. 1 arab. In 1930 and 1975 AD, the world’s population reached 3 arab and 4 arab respectively. The world’s population reached 5 arab in 1987 AD.
  • The population started to increase rapidly since middle of 17th century. We can find that the population of Europe, Russia and America was increased rapidly before 1950 AD. 

MCQs

No MCQs found.

Subjective Questions

Q1:

From the following particulars prepare a bank reconciliation statement:

  • Bank balance as per cash book Rs.8,000
  • Cheques issued but not presented for payment Rs.5,000.
  • Cheques sent for collection of Rs.25,000 has not been yet credited by the bank.
  • Rs.900 has been credited in the pass book by the bank.
  • Interest of Rs.100 collected and credited by the bank.

Required: Bank Reconciliation Statement


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <p>Bank Reconciliation Statement</p> <div class="accounts"> <table><tbody><tr class="bordered"><td rowspan="2" width="482"> <p>Particulars</p> </td> <td colspan="2" width="317"> <p>Amount (in Rs.)</p> </td> </tr><tr class="bordered"><td width="165"> <p>Details</p> </td> <td width="152"> <p>Total</p> </td> </tr><tr><td width="482"> <p>Bank balance as per cash book</p> </td> <td width="165"></td> <td width="152"> <p>8,000</p> </td> </tr><tr><td width="482"> <p>Add:</p> </td> <td width="165"></td> <td width="152"></td> </tr><tr><td width="482"> <p>Cheques issued but not presented for payment</p> </td> <td width="165"> <p>5,000</p> </td> <td width="152"></td> </tr><tr><td width="482"> <p>Amount wrongly credited in the pass book</p> </td> <td width="165"> <p>900</p> </td> <td width="152"></td> </tr><tr><td width="482"> <p>Amount of interest collected and credited by pass book only</p> </td> <td width="165"> <p>100</p> </td> <td class="bordered" width="152"> <p>6,000</p> </td> </tr><tr><td width="482"> <p>Less:</p> </td> <td width="165"></td> <td width="152"> <p>14,000</p> </td> </tr><tr><td class="bordered" width="482"> <p>Cheques sent for collection but not yet credited by the bank</p> </td> <td width="165"> <p>25,000</p> </td> <td class="bordered" width="152"> <p>25,000</p> </td> </tr><tr><td width="482"> <p>Overdraft as per pass book</p> </td> <td class="bordered" width="165"></td> <td width="152"> <p>11,000</p> </td> </tr></tbody></table></div>

Q2:

Following information are given:

  • On Falgun 30th 2072, the pass book of a company showed the balance of Rs.20,000.
  • A cheque of Rs.10,000 deposited but not yet credited by the bank.
  • Cheques of Rs.5,000 were issued, but cheques of Rs.3,000 only were presented for payment.
  • Bank charges debited only in the pass book Rs.1,000.
  • A customer directly deposited into the bank Rs.5,000 but not shown in cash book.
  • Insurance premium paid by the bank as per instruction of rs.1,500 but not shown in cash book.
  • A cheque of Rs.3,000 which was debited in the cash book, is not sent to the bank yet.

Required: Bank Reconciliation Statement


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <table><tbody><tr><td width="234"></td> <td width="564"> <p>Bank Reconciliation Statement</p> </td> </tr><tr><td width="234"></td> <td width="564"> <p>As on 30<sup>th</sup> Falgun, 2072</p> </td> </tr></tbody></table><p></p> <div class="accounts"> <table><tbody><tr class="bordered"><td rowspan="2" width="542"> <p>Particulars</p> </td> <td colspan="2" width="257"> <p>Amount (in Rs.)</p> </td> </tr><tr class="bordered"><td width="128"> <p>Details</p> </td> <td width="129"> <p>Total</p> </td> </tr><tr><td width="542"> <p>Balance as per pass book</p> </td> <td width="128"></td> <td width="129"> <p>20,000</p> </td> </tr><tr><td width="542"> <p>Add:</p> </td> <td width="128"></td> <td width="129"></td> </tr><tr><td width="542"> <p>Cheque deposited into the bank but not yet credited by the bank</p> </td> <td width="128"> <p>10,000</p> </td> <td width="129"></td> </tr><tr><td width="542"> <p>Bank charge debited in the pass book only</p> </td> <td width="128"> <p>1,000</p> </td> <td width="129"></td> </tr><tr><td width="542"> <p>Insurance premium paid by the bank but not shown in the cash book</p> </td> <td width="128"> <p>1,500</p> </td> <td width="129"></td> </tr><tr><td width="542"> <p>A cheque debited in the cash book but not yet sent for collection</p> </td> <td width="128"> <p>3,000</p> </td> <td class="bordered" width="129"> <p>15,500</p> </td> </tr><tr><td width="542"> <p>Less:</p> </td> <td width="128"></td> <td width="129"></td> </tr><tr><td width="542"> <p>Cheque issued but not presented for payment</p> </td> <td width="128"> <p>2,000</p> </td> <td width="129"></td> </tr><tr><td width="542"> <p>Amount directly deposited by the customer into the bank</p> </td> <td width="128"> <p>5,000</p> </td> <td width="129"> <p>(7,000)</p> </td> </tr><tr><td width="542"> <p>Balance as per cash book</p> </td> <td width="128"></td> <td width="129"> <p>8,500</p> </td> </tr></tbody></table></div>

Q3:

Following information are given:

  • Bank overdraft as per pass book Rs.10,000.
  • Bank statement showed a cheque of Rs.1,000 deposited into the bank, but not recorded in the cash book.
  • A cheque of Rs.3,000 is deposited but not collected by the bank.
  • Bank charges recorded twice in the cash book Rs.100.
  • Bills collected by bank but not recorded in the cash book Rs.4,000.

Required: Bank Reconciliation Statement


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Bank Reconciliation Statement</p> <div class="accounts"> <table><tbody><tr class="bordered"><td rowspan="2" width="504"> <p>Particulars</p> </td> <td colspan="2" width="294"> <p>Amount (in Rs.)</p> </td> </tr><tr class="bordered"><td width="135"> <p>Details</p> </td> <td width="159"> <p>Total</p> </td> </tr><tr><td width="504"> <p>Bank overdraft as per pass book</p> </td> <td width="135"></td> <td width="159"> <p>(10,000)</p> </td> </tr><tr><td width="504"> <p>Add:</p> </td> <td width="135"></td> <td width="159"></td> </tr><tr><td width="504"> <p>Cheque deposited into the bank but not collected by the bank</p> </td> <td width="135"> <p>3,000</p> </td> <td width="159"> <p>3,000</p> </td> </tr><tr><td width="504"></td> <td width="135"></td> <td width="159"> <p>(7,000)</p> </td> </tr><tr><td width="504"> <p>Less:</p> </td> <td width="135"></td> <td width="159"></td> </tr><tr><td width="504"> <p>A cheque deposited into the bank but not recorded in the cash book</p> </td> <td width="135"> <p>1,000</p> </td> <td width="159"></td> </tr><tr><td width="504"> <p>Bank charges recorded twice in the cash book</p> </td> <td width="135"> <p>100</p> </td> <td width="159"></td> </tr><tr class="bordered"><td width="504"> <p>Bills collected by the bank but not recorded in the cash book</p> </td> <td width="135"> <p>4,000</p> </td> <td width="159"> <p>(5,100)</p> </td> </tr><tr class="bordered"><td width="504"> <p>Overdraft as per cash book</p> </td> <td width="135"></td> <td width="159"> <p>(12,100)</p> </td> </tr></tbody></table></div>

Q4:

Cash book showed an overdraft balance of Rs.5,900 on 30th Ashadh, 2070.

  • Cheques amounting to Rs.1,850 were sent to the bank for collection but cheques of only Rs.1,380 were credited in the pass book.
  • Cheques of Rs.25,000 were issued, but cheques of only Rs.18,000 were presented for payment.
  • Rs.150 were debited in the pass book for interest on overdraft.
  • A cheque of Rs.135 which was debited in the bank column of the cash book was not sent to the bank.

Required: Bank Reconciliation Statement


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p></p> <table><tbody><tr><td width="234"></td> <td width="564"> <p>Bank Reconciliation Statement</p> </td> </tr><tr><td width="234"></td> <td width="564"> <p>As on 30<sup>th</sup> Ashadh, 2070</p> </td> </tr></tbody></table><p></p> <div class="accounts"> <table><tbody><tr class="bordered"><td rowspan="2" width="542"> <p>Particulars</p> </td> <td colspan="2" width="257"> <p>Amount (in Rs.)</p> </td> </tr><tr class="bordered"><td width="128"> <p>Details</p> </td> <td width="129"> <p>Total</p> </td> </tr><tr><td width="542"> <p>Overdraft as per pass book</p> </td> <td width="128"></td> <td width="129"> <p>(9,000)</p> </td> </tr><tr><td width="542"> <p>Add:</p> </td> <td width="128"></td> <td width="129"></td> </tr><tr><td width="542"> <p>Cheques issued but not yet presented for payment</p> </td> <td width="128"> <p>7,000</p> </td> <td width="129"> <p>7,000</p> </td> </tr><tr><td width="542"> <p>Less:</p> </td> <td width="128"></td> <td width="129"> <p>(2,000)</p> </td> </tr><tr><td width="542"> <p>Cheques deposited into the bank but not yet collected by the bank</p> </td> <td width="128"> <p>470</p> </td> <td width="129"></td> </tr><tr><td width="542"> <p>Interest on overdraft debited in the pass book only</p> </td> <td width="128"> <p>150</p> </td> <td width="129"></td> </tr><tr class="bordered"><td width="542"> <p>Cheque debited in the cash book but not yet sent for collection</p> </td> <td width="128"> <p>135</p> </td> <td width="129"> <p>755</p> </td> </tr><tr><td width="542"> <p>Overdraft as per pass book</p> </td> <td width="128"></td> <td width="129"> <p>(1,245)</p> </td> </tr></tbody></table></div>

Videos

Bank Reconciliation Statement
Introduction to Bank Reconciliation Statement
Population Growth Rate and World Population

Population Growth Rate and World Population

The world's population has crossed 7 Arab in 2011 AD. In 1 AD, the total population of the world was 250 million, i.e. 25 crore only. The world population took about 1650 years to reach 50 crore. In 1820 AD, the population of the world reached 100 crore, i.e. 1 Arab. In 1930 and 1975 AD, the world’s population reached 3 Arab and 4 Arab respectively. The world’s population reached 5 Arab in 1987 AD.

World’s population in different duration

Duration 1800 1930 1960 1972 1987 1999 2011
Time taken to increase 1 Arab (years) All 130 30 14 13 12 12
Population (in Arab) 1 2 3 4 5 6 7

Source: Population Reference Bureau, 2011

The situation of population distribution in the world

Areas/Index Population (in 10 lakhs) Birth Rate (in 1000) Death Rate (in 1000) Growth Rate (in percent) Population Doubling Time
World 6987 20 8 1.2 58
Developed Areas 1242 11 10 0.2 350
Developing Areas 5745 22 8 1.4 50
Under-developed Areas 861 35 11 2.4 29
Africa 2051 36 12 2.4 29
North America 346 13 8 0.5 140
Latin America and Caribbean 596 18 6 1.2 58
Asia 4216 18 7 1.1 64
Europe 740 - 11 11 0.0
Oceania 37 - 18 7 1.2

Source: Population Reference Bureau, 2011

The population started to increase rapidly since the middle of 17th century. We can find that the population of Europe, Russia and America was increased rapidly before 1950 AD. This speed of population growth was found in China in about 1700 AD. Population expert Colin Clark expected that the world population would reach 3.5 Arab in 1900 AD. Next Population expert Notestine expected that the world population would reach 3.3 Arab in 2000 AD. But that expected population exceeded before 2000 AD. Similarly, the world’s population reached 6 Arab in 1999 AD. There was an increment of 1 Arab population in the world in a short duration of 12 years.

Lesson

Introduction to Population and Its State

Subject

Social Studies and Population Education

Grade

Grade 8

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