Poverty and employment

Economic and Social Issues

Title

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Indian Economy - Understanding the basics of Indian economic system

Which of the following is the poverty determination measure?

Head Count Ratio

Sen Index

Poverty Gap Index

All of these

- Option 1: Head Count Ratio

- This measures the proportion of a population living below the poverty line.

- It's a simple way to gauge poverty but doesn't reflect the depth or severity.

- Option 2: Sen Index

- A complex measure combining income distribution with poverty level.

- It takes into account the inequality among the poor.

- Option 3: Poverty Gap Index

- It measures the intensity of poverty.

- It calculates how far below the poverty line the average poor household's income falls.

- Option 4: All of these

- This option is correct as all the above are valid poverty determination measures.