BANKING GENERAL KNOWLEDGE
Question
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The panel headed by C. Rangarajan, former Chairman of PMEAC (Prime Minister’s Economic Advisory Council), has dismissed the Suresh Tendulkar Committee report on estimating poverty. The report submitted by Rangarajan to Planning Minister Rao Inderjit Singh recently stated that the number of poor in India was much higher in 2011-12 at 29.5% of the population. What was the poverty figure stated for the same year in the Suresh Tendulkar Committee report, which was severely criticized for its findings?
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38.20%
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29.50%
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21.90%
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20.25%
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Explanation:
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