Question : The poverty line in India is determined based on:
Option 1: Per capita income
Option 2: Household income
Option 3: Monthly expenditure on food
Option 4: None of the above
Correct Answer: Monthly expenditure on food
Solution : The correct answer is (c) Monthly expenditure on food
In India, the poverty line is determined based on a combination of factors. Historically, the poverty line was initially based on the consumption expenditure required to meet basic needs such as food, clothing, and shelter. However, the methodology for determining the poverty line has evolved over time.
The current method used by the Government of India to estimate poverty is based on the consumption expenditure data collected by the National Sample Survey Organization (NSSO). The poverty line is calculated by considering both the expenditure on food and non-food items. The Tendulkar Committee, appointed by the Planning Commission of India, introduced this method in 2005.
So, the poverty line in India is determined based on monthly expenditure on food and non-food items, rather than per capita income or household income alone.
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Option 1: The cost of a standardized food basket
Option 2: The average income of the population
Option 3: The level of education and skills
Option 4: The access to basic amenities like water and sanitation
Question : How India has the potential to become a leading _______ economy?
Option 1: Knowledge-based economy
Option 2: Capital based
Option 3: Income-based
Question : The poverty line in India is determined by the:
Option 1: Reserve Bank of India (RBI)
Option 2: National Sample Survey Organisation (NSSO)
Option 3: Ministry of Finance
Option 4: Ministry of Rural Development
Question : The poverty line methodology adopted in India is based on the recommendations of the:
Option 1: Tendulkar Committee
Option 2: Rangarajan Committee
Option 3: Chakravarty Committee
Option 4: Lakdawala Committee
Question : Which state in India has the highest per capita income?
Option 1: Maharashtra
Option 2: Haryana
Option 3: Goa
Option 4: Delhi
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