economicsWhat is the average Indian Poverty Ratio?

What is the average Indian Poverty Ratio?


  1. A
    11.12%
  2. B
    21.9%
  3. C
    33.4%
  4. D
    50% 

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    Solution:

    The average Indian Poverty Ratio was 22% or 21.9% in 2011-12. There has been a substantial decline in poverty ratios in India from about 45 per cent in 1993-94 to 37.2 per cent in 2004-05. It is expected that with this trend, the number of people below the poverty line will decrease to less than 20 per cent in the next 5 years.
     
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