Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Poverty

Question:
Which of the following index has been made by one of the renowned artists i.e. Amartya Sen?
Options:
Poverty Gap Index
Sen Index
Squared Poverty Gap Index
All of the above
Correct Answer:
Sen Index
Explanation:
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 also.