Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Poverty

Question:

Which of the following is NOT a tool to understand poverty?

Options:

Poverty Gap Index

Sen Index

Squared Poverty Gap Index

None of the above

Correct Answer:

None of the above

Explanation:

The correct answer is option 4: None of the above

Due to various limitations in the official estimation of poverty, scholars have attempted to find alternative methods. For instance, Amartya Sen, a noted Nobel Laureate, has developed an index known as Sen Index. There are other tools such as Poverty Gap Index and Squared Poverty Gap.