The 'poverty line' in India was historically based on a minimum calorie requirement of: MCQ with Answer and Explanation

Explanation:
Pre-distribution emphasises interventions that affect the underlying distribution of market incomes—through skills, bargaining power, market structure and institutions—rather than relying solely on subsequent fiscal redistribution.

Explanation:
Economic cost includes both explicit costs and implicit opportunity costs.

Explanation:
Good money should be durable, portable, divisible, uniform, recognisable and relatively scarce so that it can effectively perform its functions.