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Economics · Class 12 Commerce

Ch 5Poverty — Class 12 Economics, concept-first.

Poverty is one of the most serious socio-economic problems facing the Indian economy, and it forms a core part of the Gujarat Std-12 Economics syllabus on economic development.

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Chapter contents

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1

Meaning and Concept of Poverty

Poverty is one of the most serious socio-economic problems facing the Indian economy, and it forms a core part of the Gujarat Std-12 Economics syllabus on economic development.

2

Absolute Poverty and Relative Poverty

Economists commonly distinguish between two broad concepts of poverty — absolute poverty and relative poverty.

3

The Poverty Line in India

The poverty line is the officially defined minimum level of income or consumption expenditure that is considered necessary to satisfy the basic needs of an individual.

4

Causes of Poverty in India

Poverty in India is the result of several interacting economic, social, and historical factors. For a GSHSEB commerce-stream answer, causes are best organised under a few broad heads:

5

Anti-Poverty Programmes in India

The Government of India has, since Independence, run a wide range of anti-poverty and rural/urban employment programmes.

Exercises

Sample & Board Papers

Sample papers and previous-year board questions for this subject.

+Show 22 questions22 questions
  1. Q1Give the full form of IRDP.Preview
  2. Q2Explain in short National Rural Employment Guarantee Act, 2005 (NREGA).Preview
  3. Q3Explain the concept of Relative Poverty with appropriate example.Preview
  4. Q4Discuss the steps taken by India to reduce poverty during planning period. OR What is poverty? Explain its indicators.Preview
  5. Q5What amount of monthly rupees are decided by Tendulkar committee in the year 2011-12 for deciding poverty line in rural areas? (a) (A) 816 (…Preview
  6. Q6Which state has the lowest poverty in the year 2013 in India? (a) (A) Bihar (b) (B) Chhattisgarh (c) (C) Maharashtra (d) (D) GoaPreview
  7. Q7Explain the concept of Relative Poverty with the help of an example.Preview
  8. Q8Explain the limitations of poverty line.Preview
  9. Q9Give the information about Mahatma Gandhi Rural Employment Guarantee Act [MGNREGA].Preview
  10. Q10Explain the economic causes of poverty.Preview
  11. Q11How many minimum daily calories per person per day is decided by Indian Council of Medical Research for rural area? (a) 2100 (b) 2300 (c) 24…Preview
  12. Q12In which year "Pradhanmantri Jan Dhan Yojana" began? (a) 1991 (b) 1995 (c) 2014 (d) 2001Preview
  13. Q13Which uniform method is used to measure absolute poverty for the different nations?Preview
  14. Q14Explain the economic causes of poverty. [Any 3]Preview
  15. Q15Explain employment oriented programme for poverty eradication. [Any 3]Preview
  16. Q16Which state has the lowest poverty in the year 2013 in India? (a) Bihar (b) Gujarat (c) Rajasthan (d) GoaPreview
  17. Q17In which year Prime Minister Awas Yojana was started? (a) 2013 (b) 2014 (c) 2015 (d) 2016Preview
  18. Q18Explain the concept of Relative Poverty.Preview
  19. Q19What was the amount of per capita monthly consumption expenditure estimated by the Tendulkar Committee as a determinant of poverty line for…Preview
  20. Q20What is the measure of absolute poverty in India?Preview
  21. Q21Discuss any three measures to reduce poverty in India.Preview
  22. Q22Discuss any five indicators of poverty.Preview

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