Which of the following is a measure of absolute poverty commonly used in India?
A. Lorenz curve
B. Gini coefficient
C. Relative income share of the bottom 10%
D. Poverty line based on calorie norms and consumption expenditure
Answer: Option D
Solution (By JKSSB Mock Tests)
India has traditionally used a poverty line based on minimum calorie requirements and corresponding consumption expenditure to measure absolute poverty.
Explanation:
India has achieved current account convertibility but maintains a managed and partial capital account convertibility with prudential controls on certain flows.
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