The headcount ratio of poverty measures: MCQ with Answer and Explanation

Question

Share Report Error

The headcount ratio of poverty measures:

A. the depth of poverty

B. the proportion of the population below the poverty line

C. inequality among the poor

D. the income gap of the poor

Answer: Option B

Solution (By JKSSB Mock Tests)

The headcount ratio measures the proportion of population living below the poverty line.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

In the context of banking regulation, the Capital Adequacy Ratio is prescribed to ensure that:

A. Dividend distribution is unrestricted

B. CRR is fixed at a particular level

C. Banks maintain adequate capital relative to their risk-weighted assets

D. Interest rates on deposits are maximised

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The Capital Adequacy Ratio requires banks to hold a minimum amount of capital in proportion to their risk-weighted assets so that they can absorb losses and protect depositors.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax Network' is a:

A. non-government IT company providing GST portal

B. regulatory authority

C. ministry under government

D. tax collection department

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
GSTN is a non-government, private limited company that provides the IT infrastructure for GST.

This question belongs to: Economy GK Economy Set 1

Question #3

FERA, replaced by FEMA, was enacted in:

A. 1947

B. 1980

C. 1991

D. 1973

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
FERA was enacted in 1973 and replaced by FEMA in 1999.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs