wiz-icon
MyQuestionIcon
MyQuestionIcon
5
You visited us 5 times! Enjoying our articles? Unlock Full Access!
Question

What amount was set as the minimum income for urban areas after revising the poverty line in 2014?

A
₹1,307
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
₹1,400
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
₹1,405
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
₹1,407
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D ₹1,407
The poverty line in India is determined by calculating the bare minimum a person requires to lead a decent life. A person requires basic things like food, electricity, clothing, footwear, fuel, and medical facilities to survive. In 2014, the poverty line was revised and the minimum income was increased to ₹1,407 for urban areas.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Poverty Line
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon