POVERTY AND SHARED PROSPERITY 2022: CORRECTING COURSE Flashcards

1
Q

RELEASED BY?

A

WORLD BANK

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2
Q

global poverty reduction slowing down since?

A

2015

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3
Q

Global goal of ending extreme extreme poverty?

A

by 2030

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4
Q

global poverty monitoring began in?

A

1990

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5
Q

no. of people living below extreme poverty line rose by?

A

70 million

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6
Q

How many people will be still living on less than USD 2.15 a day ?

A

574 million
USD 2.15 a day in 2030

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7
Q

Poverty estimation carried out by?

A

NITI AAYOG’s task force

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8
Q

in 2020 alone, no. of people living below the extremely poverty line rose by?

A

70 million

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9
Q

global median iincome declined by?

A

4 percent(2020)

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10
Q

last estimate by?

A

SINHA ROY
VAN DER WEIDE(2022)

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11
Q

First systematic assessment of poverty in iNDIA

A

VN DANDEKAR AND N RANTH COMMITTEE 1971

undr NSS data

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12
Q

Task force constituted by the Planning Commission under the chairmanship of ____, constructed a poverty line for rural and urban areas on the basis of nutritional requirements and related consumption expenditure.

A

YK Alagh Committee 1979

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13
Q

Task Force chaired by ____, based on the assumption that the basket of goods and services used to calculate Consumer Price Index-Industrial Workers (CPI-IW) and Consumer Price Index- Agricultural Labourers (CPI-AL) reflect the consumption patterns of the poor

A

DT LAKDAWALA ,1993

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14
Q

C RANGARAJAN

A

2014

was formed to review poverty measurement methodology

dismissed Tendulkar’s committee report

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15
Q

Poverty estimation in India is now carried out by NITI Aayog’s task force through the calculation of poverty line based on the data captured by the ____ under the _____

A

National Sample Survey Office , Ministry of Statistics and Programme Implementation (MOSPI)

DV SADANANDA GOWDA&raquo_space; MINISTER OF MOSPI

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16
Q

The proportion of the population below the poverty line is called the

A

headcount ratio (HCR)

17
Q

The basket of goods and services necessary to satisfy basic human needs is the

A

Poverty Line Basket (PLB)

18
Q

Who made the earliest estimation of poverty line?

A

Dadabhai Naoroji through his book, “Poverty and Unbritish Rule in India”

19
Q

the ____ was set up by (?) under the chairmanship of [?] for the purpose of drawing up an economic plan with the fundamental aim to ensure an adequate standard of living for the masses.

A

National Planning Committee , Subhash Chandra Bose , Jawaharlal Nehru

20
Q

____ was a set of a proposal of a small group of influential business leaders in Bombay for the development of the post-independence economy of India.

A

The Bombay Plan(1944)

21
Q

The World Bank defines a person as extremely poor if she is living on less than

A

1.90 international dollars a day

22
Q

Asian Development Bank too has its own poverty line which is currently at

A

$ 1.51 per person per day