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What is the poverty line?

  • a)
    The line that separates the rich and the poor

  • b)
    The line that represents the average income of a country

  • c)
    The minimum level of income required to meet basic needs

  • d)
    The maximum level of income beyond which one is considered wealthy

Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
What is the poverty line?a)The line that separates the rich and the po...
Explanation:
Poverty is a prevalent issue in India, but it is incorrect to say that every person in India is poor. The correct answer to the question is option 'C' - Every 5th person in India is poor.

Here are the details to support this answer:

1. Poverty in India:
India is a developing country with a large population, and poverty is one of the significant challenges that the country faces. The poverty rate in India is measured using the poverty line, which is the minimum level of income required to meet a person's basic needs.

2. Poverty Line:
The poverty line in India is determined based on the expenditure required to purchase a minimum set of food items that would provide a person with a daily intake of 2,400 calories in rural areas and 2,100 calories in urban areas. The poverty line is updated periodically to adjust for inflation and changes in food prices.

3. Poverty Statistics:
According to the latest poverty estimates released by the Government of India, the poverty rate in India was 21.9% in 2011-12, which means that approximately 270 million people in India were living below the poverty line. This number has since reduced, with the latest estimates indicating that the poverty rate in India was around 10% in 2019.

4. Every 5th person is Poor:
Based on these statistics, it is incorrect to say that every person in India is poor. However, it is accurate to say that every 5th person in India is poor, which means that out of every five people, one person is living below the poverty line.

In conclusion, poverty is a significant issue in India, but it is important to have accurate information and statistics when discussing the topic. The correct answer to the question is option 'C' - Every 5th person in India is poor.
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Community Answer
What is the poverty line?a)The line that separates the rich and the po...
This means that one out of every 3 person in India is poor or the no. of Poor's in India is 1/3 * total population of India
hope you understand the solution
if yes upvote me pls
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Read the text given below and answer the following questions:In our daily life, we come across many people who we think are poor. They could be landless labourers in villages or people living in overcrowded jhuggis in cities. They could be daily wage workers at construction sites or child workers in dhabas. They could also be beggars with children in tatters. We see poverty all around us. In fact, every fourth person in India is poor. This means, roughly 270 million (or 27 cror e) people in India lived in poverty in 2011-12. This also means that India has the largest single concentration of the poor in the world. Since poverty has many facets, social scientists look at it through a variety of indicators. Usually the indicators used relate to the levels of income and consumption. A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill basic needs. What is necessary to satisfy basic needs is different at different times and in different countries. Therefore, the poverty line may vary with time and place. Each country uses an imaginary line that is considered appropriate for its existing level of development and its accepted minimum social norms. The proportion of people below the poverty line is also not the same for all social groups and economic categories in India. In poor families all suffer, but some suffer more than others. Women, elderly people and female infants are systematically denied equal access to resources available to the family. Therefore women, children (especially the girl chil d) and old people are the poorest of the poor.Q. What does poverty mean?

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What is the poverty line?a)The line that separates the rich and the poorb)The line that represents the average income of a countryc)The minimum level of income required to meet basic needsd)The maximum level of income beyond which one is considered wealthyCorrect answer is option 'C'. Can you explain this answer?
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