SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Living on less than $10 per day
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Living on less than $5 per day
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Living on less than $2.5 per day
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Living on less than $1.9 per day
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Detailed explanation-1: -According to the World Bank, about 9.2% of the world, or 719 million people, live in extreme poverty, on less than $2.15 a day. In the United States, 11.6% of the population-37.9 million people-lived in poverty as of 2021. These numbers are calculated based on income and a person’s ability to meet basic needs.
Detailed explanation-2: -Extreme poverty here is defined according to the UN’s definition of living on less than $2.15 a day – an extremely low threshold needed to monitor and draw attention to the living conditions of the poorest around the world. Read more in our article, From $1.90 to $2.15 a day: the updated International Poverty Line.
Detailed explanation-3: -Extreme poverty is the most severe type of poverty, defined by the United Nations (UN) as “a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information.