Economics

Questions Bank

Part B    INDIAN ECONOMIC DEVELOPMENT

  • Poverty Line is the level of income which divides the population as poor and non-poor. It is drawn on the basis of minimum consumption expenditure
    2018-02-13 13:04:47
  • Estimation of Poverty Line is the calories based estimation- For rural area intake calorie was estimated at 2,400 calories and for urban area it is 2,100 calories
    2018-02-13 13:04:09
  • Causes of Poverty are (i) Under-utilization of resources, (ii) Backwardness of Indian Agriculture, (iii) Unemployment, (iv) Capital Deficiency, (v) Low level of Technology (vi) Rising Prices, (vii) Social Factors, (viii) Vicious circle of poverty, (ix) High growth rate of population
    2018-02-13 13:02:40
  • Poverty Alleviation Measures are (i) Acceleration of Economic Growth; (ii) Control Over Population, (iii) More Employment Opportunities, (iv) Land Reforms, (v) Reduction in Economic Inequalities, (vi) Control Over Inflation, (vii) Rural Industrialisation, (viii) Social Security
    2018-02-13 12:59:58
  • Adverse Impact of Poverty are: (i) Adverse effects on the economy; (ii) Human Misery; (iii) Reduces health and efficiency of the people, (iv) Low Level of Productivity; (v) Vicious Circle of Poverty
    2018-02-13 12:58:42
  • Absolute Poverty refers to the actual number of people living below poverty line. It is a measure of income. It is measured with the help of concept of poverty line
    2018-02-13 12:57:44
  • Relative Poverty refers to poverty in relation to different classes, regions or classes. It is due to inequality of income
    2018-02-13 12:57:15
  • Rural Poor are those who work mainly as landless agricultural laboures, cultivators with very small land holdings. The landless laboures who are engaged in a variety of non-agricultural jobs and with tenant cultivators with small holdings
    2018-02-13 12:56:46
  • 2018-02-13 12:56:16

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