ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The planning commission has defined the poverty line based on the recommended nutritional necessity of ____ calories per person per day for urban areas.
A
3000
B
2500
C
3100
D
2100
Explanation: 

Detailed explanation-1: -Answers. It was based on minimum daily requirement of 2, 400 and 2, 100 calories for an adult in rural and urban areas, respectively.

Detailed explanation-2: -The food requirement for the population in India is calculated in terms of calorie requirement. The national standard calorie requirement for a person living in urban areas is 2, 100 calories. Similarly, the requirement is 2, 400 calories in rural areas.

Detailed explanation-3: -What is the definition of poverty line by planning commission of India? Poverty line is drawn on the basis of barest minimum desirable nutritional standards of 2400 calories per person per day in rural areas and 2100 calories in urban areas. Why calorie-based norm is not adequate to identify the poor?

Detailed explanation-4: -There are many ways of measuring poverty. One way is to determine it by the monetary value (per capita expenditure) of the minimum calorie intake that was estimated at 2, 400 calories for a rural person and 2, 100 for a person in the urban area.

Detailed explanation-5: -The people who are unable to consume at least 2400 calories per day in rural areas and 2100 calories per day in urban areas are considered to be living below the poverty line.

There is 1 question to complete.