Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Poverty

Question:

Identification of Poverty Line used in India, arrange in chronological order.

A. Task force on minimum needs
B. Planning Commission formed a Study Group.
C. Formation of Expert Group
D. Jail cost of living

Choose the correct answer from the options given below

Options:

C, B, A, D

A, D, C, B

D, B , A, C

B, C, A, D

Correct Answer:

D, B , A, C

Explanation:

In pre-independent India, Dadabhai Naoroji was the first to discuss the concept of a Poverty Line. He used the menu for a prisoner and used appropriate prevailing prices to arrive at what may be called ‘jail cost of living’.

Planning Commission formed a Study Group (1962)

Task Force on Projections of Minimum Needs and Effective Consumption Demand’ : 1979

Formation of Expert Groups : 1989, 2005