8 Views

Question : The concept of "absolute poverty" is based on:

Option 1: Relative income levels

Option 2: Basic needs and minimum standard of living

Option 3: Social exclusion and discrimination

Option 4: Income distribution and inequality


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: Basic needs and minimum standard of living


Solution : The correct answer is b) Basic needs and minimum standard of living.

Absolute poverty refers to a condition where individuals or households lack the basic necessities required for survival and a minimum acceptable standard of living. It is determined by assessing whether individuals have access to essential goods and services such as food, clean water, shelter, healthcare, education, and other fundamental needs.

The concept of absolute poverty helps policymakers and organizations establish targets and measures to alleviate poverty by identifying and addressing the specific needs and deficiencies faced by individuals who fall below the minimum standard of living.

Related Questions

VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings)
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
XAT- Xavier Aptitude Test 2026
Apply
75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools | Apply now
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
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