Question

The Government of India has decided<br />to measure 'poverty line' in terms<br />(A) household consumption<br />(B) household savings<br />(C) household investment<br />(D) household income​

Answer 1

Answer:

the government of India has decided to measure poverty line in terms of household savings.

Answer 2

Poverty line is measure by

(A) household consumption

(D) household income

Poverty line is also known as poverty threshold.

It refers to amount of income in whole year or requirements or expenditure of family on regular needs.

Below poverty line is the line which categorise people on the basis of their income.

If the income falls below threshold decided by government, the family is said to be below poverty line.