Economics · Economy
Consider the following statements regarding poverty line estimation in India: I. In India, a subsistence or minimum level of food requirement, clothing, fuel, and medical needs are determined for estimating the poverty line. II. The accepted average calorie requirement in India is 2,400 calories per person per day in rural areas and 2,100 calories per person per day in urban areas. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only statement (II) is correct
- 2Both statements (I) and (II) are correct✓
- 3Both statements (I) and (II) are incorrect
- 4Only statement (I) is correct
Correct answer
Both statements (I) and (II) are correct
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