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Poverty Gap is defined as:

  1. It is the ratio by which the mean income of the poor falls below the poverty line as a proportion of the poverty line

  2. It is used to reflect the intensity of poverty


Select the correct answer using the code given below:
Options:
A .  Both (i) & (ii)
B .  (i) only
C .  (ii) only
D .  Neither (i) nor (ii)
Answer: Option A
Answer: (a)
Poverty gap is the ratio by which the mean income of the poor falls below poverty line as a proportion of poverty line.
Poverty gap is used to reflect the intensity of poverty.

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