Poverty test

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Poverty test - 7

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Weekly Quiz Competition

Question 1
1 / -0

Poverty can be defined as a situation in which _______.

A
a person earns below Rs 5,000 p.m

B
a person earns below Rs 7,000 p.m

C
a person is able to fulfill their basic maximum requirement of life

D
a person is unable to fulfill even their basic minimum requirements of life
Question 2
1 / -0

In a Self Help Group, most of the important decisions regarding the savings and loan activities are taken by the _______.

A
government

B
group members

C
group leader

D
banks

Solution

Group members take the important decisions of Self Help Groups because:

-The group owes responsibility for the repayment of loans.

-Other members of the group follow seriously if in case of non-repayment of loan by one member.

-The groups decide with respect to the loans to be granted-the purpose, amount, interest to be charged, repayment schedule, etc.
Question 3
1 / -0

What do you mean by SHGs?

A
Self Help Groups

B
Service Holder Groups

C
Self Housing Groups

D
Soul Harassing Groups

Solution

Self Help Groups is a small group of 15 to 20 people formed to mutually help each other.
Self Help Groups help in promoting self employment, credit, awareness and savings.
Banks in India supports SHGs by means of bank linkage programme.
SHGs led to economic empowerment of women in India.
Question 4
1 / -0

Saving per member of a SHG varies from Rs _____ to Rs _____ or more, depending upon the ability of the people to save.

A
10; 40

B
15; 65

C
25; 100

D
40; 150

Solution

Saving per member of a SHG varies from Rs 25 to Rs 100 or more, depending upon the ability of the people to save.
Savings led to capital formation and later led to investment in ventures.
SHGs led to economic empowerment of women in India.
Question 5
1 / -0

Punjab and Haryana have succeeded in reducing poverty with the help of ____________.

A
Low agricultural growth rates

B
High agricultural growth rates

C
Rivers

D
Transport system

E
None of these

Solution

Agriculture and allied fields like dairy, fisheries, animal husbandry are a major source of employment in Punjab and Haryana. So, main living of people here depends on agriculture. With the high growth rate in agriculture, these states have succeeded in reducing poverty.
Question 6
1 / -0

In a SHG, important decisions in regard to loan and savings are taken by _____.

A
Government organization

B
Bank

C
Non-government organisation

D
Group Members

Solution

In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest
Question 7
1 / -0

In West Bengal, land reform measures have helped in _____.

A
increasing poverty

B
equal poverty

C
reducing poverty

D
uneven poverty

E
none of the above

Solution

In West Bengal, land reforms measures have helped in reducing poverty. It aims at the redistribution of land-ownership in favour of the cultivating class (so as to make them feel themselves a part of the rural life), regulation and rationalisation of rent, improving the size of farms and providing security of tenure in order to transfer in traditional agriculture and raise cultivators to new heights.
Question 8
1 / -0

What is the criterion for the measurement of poverty line?

A
Caloric consumption

B
Unemployment rate

C
Literacy level

D
Type of dwellings

Solution

The poverty line is calculated based on the caloric requirements of adults (working class) in rural and urban areas. In rural areas it is 2400 calories and in urban areas it is 2100 calories. The poverty line is estimated periodically (normally every five years) by conducting sample surveys. These surveys are carried out by the National Sample Survey Organisation (NSSO). However, for making comparisons between developing countries, many international organisations like the World Bank use a uniform standard for the poverty line: minimum availability of the equivalent of $1 per person per day.
Question 9
1 / -0

Organisations of rural poor, that help borrowers to overcome the problem of lack of collateral are _____.

A
Self Help Groups

B
Service Holder Groups

C
Self Housing Groups

D
Soul Harassing Groups

Solution

Self Help Group is a small group of organization of 15 to 20 people formed to mutually help each other.
Self Help Groups help in promoting Self Employment , credit, awareness and savings.
Banks support SHGs by means of Bank Linkage programme.
Question 10
1 / -0

What is the approximate percentage of population living Below Poverty Line in India?

A
50.9%

B
62.3%

C
17.1%

D
27.5%

Solution

As per the Census report, the percentage of population living Below Poverty Line is 27.5%.

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Poverty test - 7

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Poverty test - 7

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Question 1

a person earns below Rs 5,000 p.m

a person earns below Rs 7,000 p.m

a person is able to fulfill their basic maximum requirement of life

a person is unable to fulfill even their basic minimum requirements of life

Question 2

government

group members

group leader

banks

Solution

Question 3

Self Help Groups

Service Holder Groups

Self Housing Groups

Soul Harassing Groups

Solution

Question 4

10; 40

15; 65

25; 100

40; 150

Solution

Question 5

Low agricultural growth rates

High agricultural growth rates

Rivers

Transport system

None of these

Solution

Question 6

Government organization

Bank

Non-government organisation

Group Members

Solution

Question 7

increasing poverty

equal poverty

reducing poverty

uneven poverty

none of the above

Solution

Question 8

Caloric consumption

Unemployment rate

Literacy level

Type of dwellings

Solution

Question 9

Self Help Groups

Service Holder Groups

Self Housing Groups

Soul Harassing Groups

Solution

Question 10

50.9%

62.3%

17.1%

27.5%

Solution

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