Q4. MCO 1 mark)
I. which of the following is a reason of poverty in India?
2. Fiscal measures refer to the belicy of.
3. In India absolute poverty is measuded with reference
to .
Q5, 3/4 Marks
I. Is there any relationship between unemployment and
poverty ? Explain.
Answers
Answer:
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Explanation:
1:-The Indian economy is under developed due to low rate of growth. It is the main cause of poverty. ... Low per capita income proves its poverty. The per capita income in 2003-04 was Rs.
2:-Fiscal policy, measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures. Fiscal measures are frequently used in tandem with monetary policy to achieve certain goals. Fiscal policy.
3:-Poverty is measured in terms of the Head Count Poverty Ratio (HCPR) as in several other countries. ... This means that it is the absolute poverty that is estimated in India. Poverty ratio is measured in terms of per capita consumption expenditure over a month.
4:-Yes, there do exist a direct and positive relationship between unemployment and poverty. Unemployment leads to poverty and poverty in turn leads to unemployment. An unemployed person has no means to earn money and cannot fulfill his own and his family's basic needs.
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Explanation:
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