Consider the following statements with respect to poverty estimation in India:
1. Poverty line in India is currently measured on the basis of calorie intake of an individual.
2. The Poverty Headcount Ratio is a measure of absolute poverty in India.
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Currently the poverty line is estimated on the basis of income required to fulfil the minimum standard of living, including food, housing, clothing, education, health, sanitation, conveyance, fuel, entertainment, etc. [Tendulkar Committee (2014)]
• Poverty is measured in terms of the Poverty Headcount Ratio which gives the percentage of the population under the poverty line. Thus, it is a measure of absolute poverty.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
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If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:
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Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
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A country is said to have reduced the Poverty Gap Ratio from 2010-11 to 2019-2020. What does it imply?
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