21 Views

Question : How do you calculate the poverty line?

Option 1: The income of an individual under a threshold value published by the Government of India.

Option 2: The income of any individual is less than 50 INR in a day.

Option 3: The average income of all the individuals in a country.

Option 4: The income of a family of less than 100 INR in a day.


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 6th Jan, 2024

Correct Answer: The income of an individual under a threshold value published by the Government of India.


Solution : The correct answer is The income of an individual under a threshold value published by the Government of India.

The poverty line is the lowest point that exists. By multiplying the cost of tangible goods like food, clothing, footwear, fuel, light, education, etc. in Indian rupees, the poverty line is determined. For various years, different sums are used to calculate the poverty line. The value of basic food items is multiplied by the inverse of the percentage that food expenditure denotes for overall expenditure, and this number is used to determine the poverty line.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Amity University | BCA Admiss...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
UEI Global, Hotel Management ...
Apply
Training & Placement Guarantee | Top Recruiters: The Oberoi, Taj, Lee Meridien, Hyatt and many more
Amity University, Noida B.Com...
Apply
Ranked as India’s #1 Not for profit pvt. University by India Today
Amity University Admissions 2025
Apply
Amongst top 3% universities globally (QS Rankings) | Ranked as India’s #1 Not for profit pvt. University by India Today
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books