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Statement 1: The official data on poverty in India is issued by NITI Aayog. Statement 2: Since independence the number of poor people in India has declined. - Economics

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Question

Statement 1: The official data on poverty in India is issued by NITI Aayog.

Statement 2: Since independence the number of poor people in India has declined.

Options

  • Statement 1 is true and statement 2 is false.

  • Statement 2 is true and statement 1 is false.

  • Both statement are true.

  • Both statement are false.

MCQ
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Solution

Both statement are true.

Explanation:

Both assertions are correct, as poverty is now evaluated by the NITl Aayog, which has replaced the Planning Commission. Since independence, India's poverty rate has decreased. Poverty was about 80 percent of the population at the time of independence, but it is now only 25 percent, according to MPI forecasts for 2022.

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2021-2022 (December) Term 1
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