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Economics True/False

Poverty · CBSE STD 12 Commerce (CBSE - English Medium). 3 questions.

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3 questions · timed · auto-graded

Question 11 Mark
Poverty line is a cut-off point on the line of distribution, which usually divides the population of the country as poor and non poor. (True/ False)
Answer
True.
Explanation:
Poverty line refers to that line which express per capita average monthly expenditure incurred by the people to satisfy their minimum needs.
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Question 21 Mark
Poverty is the cause of underdevelopment of the Indian economy. (True/ False)
Answer
True.
Explanation:
The root cause of poverty is the underdevelopment of the Indian economy. The underdevelopment is manifested by the relative backwardness of agriculture and industrial sector.
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Question 31 Mark
Lower calorie intake has been fixed for rural areas because the rural worker has to do greater physical work as compared to urban worker. (True/ False)
Answer
False.
Explanation:
Higher calorie intake has been fixed for rural areas because the rural worker has to do greater physical work as compared to urban worker.
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