Which of the following organisations set the standard of $1.90 per person a day for the poverty line estimation?
A
International Monetary Fund
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B
Reserve Bank of India
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C
World Bank
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D
National Sample Survey Organisation
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Solution
The correct option is C World Bank Poverty is a global phenomenon. The World Bank sets a uniform standard, which is currently $1.90 per person a day, for the poverty line estimation. People who earn less than that are deemed extremely poor.