Ram is a rickshaw puller. He moved from his village Churu to the city of Jaipur. Even after a few months, he could not find the right paying job. Now, he doesn't have any savings as he spent all his money on his daughter's marriage last year.
Considering this case, which the following statements can be identified as correct?

Spending on social obligations like marriage is an unproductive expense.

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Ram remains an urban poor without any money for his survival.

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Holding social functions have economic benefits too.

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Ram will still be considered a rural poor as he belongs to a rural area.

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Solution

The correct option is B Ram remains an urban poor without any money for his survival.
People in India, including the very poor, have to spend a lot of money in order to fulfill social obligations like hosting marriage functions and observing religious ceremonies. These are unproductive expenditures. In the above case, Ram is considered as urban poor as he remains in poverty in the urban centre.

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