Question
Consider the following statements in regards to ‘poverty line’:
- The International Poverty Line according to World Bank is US $ 1.90/day/person based on PPP (Purchasing Power Parity).
- Planning Commission of India has defined poverty line based on intake of calories and is different for rural and urban areas.
Answer: Option C
Answer: (c)In India, poverty line is identified in monetary units as the level of income or consumption expenditure required in order to avoid poverty.
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Answer: (c)In India, poverty line is identified in monetary units as the level of income or consumption expenditure required in order to avoid poverty.
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