Choose whether the given statement True/False:

At present, 15% of the population lives below the poverty line.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
It is not true that, at present, 15 % of our population lives below the poverty line. As per the planning commission, 22 % of the population of our country lives below the poverty line. The poverty line is the line that divides the people of a country between the poor and the non-poor. However, there are some loopholes in this concept of the poverty line. The poverty line does not divide the population into various classes like absolute poor, inferior, inadequate, not so poor, middle class, upper middle class, the rich, wealthy, millionaires, or billionaires.

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