Tag: rural economics

Quizzes (22) Questions (48)

Questions Related to rural economics

Multiple choice rural development poverty rural economics economics

There is no poverty in urban areas.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Poverty is a significant issue in urban areas as well, often manifested through slums, lack of housing, and informal employment.

Multiple choice rural development poverty rural economics economics

Poverty line is measured on the basis of minimum nutritional intake.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In many developing nations, including India, the poverty line has historically been calculated based on the cost of a minimum daily nutritional intake (calories).

Multiple choice rural development poverty rural economics economics

Rapidly rising population is an important cause of poverty.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Rapid population growth can strain resources, infrastructure, and job markets, thereby contributing to the persistence of poverty.

Multiple choice rural development poverty rural economics economics

Rapidly rising population is the only cause of poverty in India.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

While population growth is a factor, poverty is a complex issue caused by many factors including unemployment, low productivity, lack of education, and historical inequality.

Multiple choice rural development poverty rural economics economics

Relative poverty is a universal problem.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Relative poverty, which measures inequality within a population, exists in every society regardless of its level of development.

Multiple choice rural development poverty rural economics economics

The concept of poverty line does not differ from country to country.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The poverty line is relative to the economic conditions and standard of living of each specific country, so it varies significantly globally.

Multiple choice rural development poverty rural economics economics

In India, the problem of Relative Poverty is very high.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

While relative poverty exists, India's primary and most urgent poverty challenge is absolute poverty, which is the lack of basic necessities for survival.

Multiple choice rural development poverty rural economics economics

Poverty is a vicious circle.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The poverty trap or vicious circle of poverty describes how low income leads to low savings, low investment, low productivity, and ultimately low income again.

Multiple choice rural development poverty rural economics economics

Which one of the following committees was set up to review the concept of poverty line?

  1. S Chakravarty committee

  2. D T Lakdawala Committee

  3. K N Wanchoo Committee

  4. R C Dutt Committee
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Planning Commission constituted in September, $1989$, an 'Expert Group' to consider methodological and computational aspects of estimation of proportion and number of poors in India. Prof D T Lakdawala was the Chairman of the Expert Group. The report of the Expert Group was submitted in July $1993$.