Question

Which of the following statements regarding the poverty line is/are incorrect?

• A. The poverty line is calculated by estimating the monetary expenditure required to meet basic requirements.
• B. The poverty line is estimated periodically, usually every ten years.
• C. The National Sample Survey Organization conducts periodical surveys for poverty line estimation.
• D. In 2014, the poverty line was revised to ₹1,407 in urban areas.

Answer 1

Answer: (B), (C)

The National Sample Survey Organization conducts periodical surveys for poverty line estimation.

The estimation of poverty line is based on the calorie requirement, which is calculated in terms of the required monetary value. As the price of goods is dynamic, the poverty line is estimated periodically, usually every ten years, by conducting sample surveys. The National Sample Survey Organization carries out these surveys.