Poverty line in India is defined on the basis of
a. Minimum level of income b. A person’s employment status
c. Nature of the job d. All of the above.
Answers
Explanation:
✳Answer✳
✳a. Minimum level of income✳
The correct answer is: (option A) Minimum level of income.
• A condition or state in which a person or a community lacks the financial resources and essentials for a minimum standard of living is called poverty. It means that the income level from employment is so low that basic human needs can’t be met.
• The increasing rate of rising population is one of the causes of poverty
• In agriculture, the productivity level is low due to subdivided and fragmented holdings, lack of capital, illiteracy, etc. are the very reason for poverty in the country.
• Underemployment and less utilization of human resources has resulted in low production in the agricultural sector which have brought a downfall in the standard of living.
• The rate of economic development in India is very low. Therefore, there is a gap between the level of availability and requirements of goods and services. The net result is poverty.
• The nation's growing unemployment population is one of the key causes of poverty. The number of job seekers is growing faster than the number of employment prospects.
• Provision for the minimum requirement of the poor, regional poverty, unequal distributions of income, political factors, etc. are some other causes of poverty.
Thus, Poverty line in India is defined on the basis of minimum level of income (option A).
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