Question : The poverty line in India is estimated using the methodology recommended by:
Option 1: Amartya Sen
Option 2: Mahbub ul Haq
Option 3: Planning Commission of India
Option 4: World Bank
Correct Answer: Planning Commission of India
Solution : The correct answer is (c) Planning Commission of India.
The estimation of the poverty line in India has historically been the responsibility of the Planning Commission of India, which was a government body responsible for formulating and assessing the country's Five-Year Plans. The Planning Commission, now replaced by NITI Aayog, has used various methods and criteria to determine the poverty line in India.
It is important to note that the specific methodology for estimating the poverty line in India has undergone revisions and updates over time. Different committees and experts have been involved in reviewing and recommending changes to the methodology. However, the Planning Commission (now NITI Aayog) has been the primary institution responsible for estimating the poverty line in India.
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Question : Poverty line was first discussed in India by:
Option 1: Dadabhai Naroji
Option 2: V.K.R.V Rao
Option 3: Amartya Sen
Option 4: PC Mahalanobis
Question : Which of the following poverty estimation methods is used by the Planning Commission of India?
Option 1: Headcount Ratio
Option 2: Poverty Gap Index
Option 3: Human Poverty Index
Option 4: Multidimensional Poverty Index
Question : The money supply is governed by the:
Option 1: Planning Commission
Option 2: Finance Commission
Option 3: Reserve Bank of India
Option 4: Commercial banks
Question : The organization responsible for estimating poverty in India is:
Option 1: Reserve Bank of India
Option 2: Ministry of Finance
Option 3: Planning Commission (now NITI Aayog)
Option 4: Central Statistical Office
Question : The Planning Commission in India was replaced by which organization in 2015?
Option 1: NITI Aayog
Option 4: Ministry of Planning
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