Tag: poverty as a challenge

Questions Related to poverty as a challenge

Vicious circle of poverty operates from which of the following aspects of the economy?

  1. From the supply side of capital formation

  2. From the demand side of capital formation

  3. Underdevelopment of human and natural resources

  4. All of the above


Correct Option: D

The essential notion of vicious circle of poverty with regards to an entire nation is that a country's poverty may by itself be a major obstacle to its development.

  1. True

  2. False


Correct Option: A

The concept of ___________ can be precisely summed up as 'a country is poor because it is poor'.

  1. underdevelopment

  2. vicious circle of unemployment

  3. vicious circle of poverty

  4. both 'a and c'


Correct Option: C

The UN Development Report of 2014 states that India has largest number of poor people, with about __________ of the world's extreme poor residing in India. 

  1. 38%

  2. half

  3. one-third

  4. 47%


Correct Option: C

What is the criterion for the measurement of poverty line?

  1. Caloric consumption

  2. Unemployment rate

  3. Literacy level

  4. Type of dwellings


Correct Option: A
Explanation:

The poverty line is calculated based on the caloric requirements of adults (working class) in rural and urban areas. In rural areas it is 2400 calories and in urban areas it is 2100 calories. The poverty line is estimated periodically (normally every five years) by conducting sample surveys. These surveys are carried out by the National Sample Survey Organisation (NSSO). However, for making comparisons between developing countries, many international organisations like the World Bank use a uniform standard for the poverty line: minimum availability of the equivalent of $1 per person per day.

Uneven distribution of poverty is due to differences in _____ and _____ infrastructure in different states.

  1. Wine, food

  2. Social, economic

  3. Wood, iron

  4. Petrol, money

  5. None of these


Correct Option: B
Explanation:

Uneven distribution of poverty is due to differences in social and economic infrastructure in different states.

What is the approximate percentage of population living Below Poverty Line in India?

  1. 50.9%

  2. 62.3%

  3. 17.1%

  4. 27.5%


Correct Option: D
Explanation:

As per the Census report, the percentage of population living Below Poverty Line is 27.5%.

Punjab and Haryana have succeeded in reducing poverty with the help of ____________.

  1. Low agricultural growth rates

  2. High agricultural growth rates

  3. Rivers

  4. Transport system

  5. None of these


Correct Option: B
Explanation:

Agriculture and allied fields like dairy, fisheries, animal husbandry are a major source of employment in Punjab and Haryana. So, main living of people here depends on agriculture. With the high growth rate in agriculture, these states have succeeded in reducing poverty.