BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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30%
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62%
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52%
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0.42
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Detailed explanation-1: -Global Multidimensional Poverty Index: According to the Global Multidimensional Poverty Index 2022, around 415 million people in India climbed out of poverty between 2005-06 and 2019-21, with the incidence of poverty falling from 55 per cent to just over 16 per cent over this period.
Detailed explanation-2: -eThe approximate percentage of population living below the Poverty Line in India is 27.5% .
Detailed explanation-3: -Almost a quarter of the global population, 23 percent, lived below the US$3.65 poverty line, and almost half, 47 percent, lived below the US$6.85 poverty line, as reported in the 2022 Poverty and Shared Prosperity report.
Detailed explanation-4: -Since the 2000s, India has made remarkable progress in reducing absolute poverty. Between FY2011/12 and 2015, poverty declined from 21.6 to an estimated 13.4 percent at the international poverty line (2011 PPP $1.90 per person per day), continuing the historical trend of robust reduction in poverty.