Estimating Poverty Line
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According to absolute measure, around 30% of India’s population is below poverty line.
True
False
Poverty, as defined by World Bank, implies living below the income of
$1 per day
$100 per month
$10 per day
$100 per day
- INR 454
- INR 545
- INR 328
- INR 238
- jail cost of living
- calorie intake
- expenditure
- income
What is the minimum calorie intake fixed for rural areas?
2100 calories
3100 calories
2500 calories
2400 calories
Nutritional level of food energy is expressed in the form of:
wheat consumption
rice consumption
calories per day
none of the above
In 1999-2000, poverty line was defined for rural area as consumption worth:
INR 454
INR 545
INR 238
INR 328
The estimated intake of calorie of a rural person is:
2400 calories
2200 calories
2100 calories
2000 calories
- rice consumption
- fat consumption
- calories
- weight of the person
- 2100 calories
- 2400 calories
- 2300 calories
- None of the above
- 2400 calories
- 2300 calories
- 2100 calories
- 2000 calories
- 1, 250 calories
- 2, 500 calories
- 5, 000 calories
- 10, 000 calories
What is the difference between absolute and relative poverty?
Absolute poverty examines poverty of retired individuals, while relative poverty examines poverty of children.
Both absolute and relative poverty are identical.
Absolute poverty considers poverty as income below a specific amount at a given point in time, while relative poverty considers poverty by examining income relative to the income of the rest of the population.
Relative poverty considers poverty as income below a specific amount at a given point in time, while absolute poverty considers poverty by examining income relative to the income of the rest of the population.
- cost of living
- nature of work
- environments
- income earned
- is rising in relative and absolute terms
- is falling in relative terms but rising in absolute terms
- has not changed at all over the years
- is falling in both relative and absolute terms
- Surplus budget
- Deficit Budget
- Balanced Budget
- All of the above
The estimated intake of calorie of an urban person is:
2100 calories
2000 calories
2200 calories
2400 calories
A. The marginal utility of a good increase, if the want of the consumer is intensified by consuming a very small quantity of it such as a very little quantity of water given to a very thirsty person.
B. The law of diminishing marginal utility states that as the stock of a commodity decreases with the consumer, its marginal utility to the consumer decreases.
- A correct, B correct
- A correct, B incorrect
- A incorrect, B incorrect
- A incorrect, B correct
- 3400, 3100
- 4000, 2100
- 2400, 2100
- None of these
- 2400, 3000
Coffee consumption by Turkish coffee drinkers will be diminished to 1.06 cups per day by next year due to increasing prices.
- Improved
- Dropped
- Hindered
- Forbidden
- Encouraged