Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Poverty

Question:

Which of the following statement(s) is/are not true?

  1. Poverty is not related to the nature of employment.
  2. Indebtedness is one of the most significant factors of poverty.
  3. A steep rise in the price of food grains and other essential goods intensifies the hardship and deprivation of lower-income groups. 
  4. The equal distribution of income and assets has also led to the persistence of poverty in India
Options:

A and C only

B and C only

A and D only

C and D only

Correct Answer:

A and D only

Explanation:

The correct answer is Option 3: A and D only

  1. Poverty is not related to the nature of employment. This is false. Poverty is closely related to the nature of employment. Unemployment or under-employment and the casual and intermittent nature of work in both rural and urban areas compel indebtedness, in turn, reinforce poverty. 
  2. Indebtedness is one of the most significant factors of poverty. This is true.
  3. A steep rise in the price of food grains and other essential goods intensifies the hardship and deprivation of lower-income groups. This is true.
  4. The equal distribution of income and assets has also led to the persistence of poverty in India. This is false. The unequal distribution of income and assets has also led to the persistence of poverty in India.