Which of the following is a measure of absolute poverty commonly used in India?
A. Gini coefficient
B. Poverty line based on calorie norms and consumption expenditure
C. Relative income share of the bottom 10%
D. Lorenz curve
Answer: Option B
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:
Primary deficit = Fiscal deficit − Interest payments. It shows the borrowing requirement of the government excluding the interest burden of past debt.
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