GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
S. S. Tarapore
|
|
|
Ashok Ganguly
|
|
|
Suresh Tendulkar
|
|
|
P. C. Jha
|
Detailed explanation-1: -Tendulkar committee computed poverty lines for 2004-05 at a level that was equivalent, in Purchasing Power Parity (PPP) terms to Rs 33 per day. Purchasing Power Parity: The PPP model refers to a method used to work out the money that would be needed to purchase the same goods and services in two countries.
Detailed explanation-2: -For estimating Poverty Line in India, Lakdawala Committee, 1993 was an expert group chaired by D.T. Lakdawala, that set the poverty line such that anyone who was above it was able to afford 2100 and 2400 calories in the urban and rural areas respectively including shelter and clothing.
Detailed explanation-3: -Tendulkar headed a namesake committee, The Suresh Tendulkar Committee, which was responsible for studying the portion of the population that lived below the poverty line (BPL). He also served as member of the Reserve Bank of India’s central board of directors.