Economics · Poverty and Liberalisation
Consider the following statements regarding poverty dynamics in India: 1. The percentage concentration of rural poverty relative to urban poverty systematically increased continuously after the 1991 reforms. 2. In the post-liberalization era, rapid urban growth and non-agricultural employment expansion served as key drivers of overall poverty reduction, including in rural areas. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 only
- 22 only✓
- 3Both 1 and 2
- 4Neither 1 nor 2
Correct answer
2 only
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