Question
Download Solution PDFWhat is poverty?
This question was previously asked in
RPF Constable 2024 Official Paper (Held On 02 Mar, 2025 Shift 2)
Answer (Detailed Solution Below)
Option 2 : Inability to fulfill basic needs like food, clothing and shelter
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RPF Constable Full Test 1
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Detailed Solution
Download Solution PDFThe correct answer is Inability to fulfill basic needs like food, clothing and shelter.
Key Points
- Poverty is the state in which an individual or community lacks the financial resources to fulfill basic needs like food, clothing, and shelter.
- This condition can lead to malnutrition, poor health, and limited access to education and other essential services.
- Poverty is often measured using the poverty line, which is an income level below which a person is considered poor.
- It affects millions of people globally, with the highest rates in developing countries.
Additional Information
- Absolute Poverty
- Refers to a condition where household income is below a necessary level to maintain basic living standards (food, shelter, housing).
- It is typically measured in relation to the amount of income required to meet basic needs over a period of time.
- Relative Poverty
- This type of poverty is defined in relation to the economic status of other people in society.
- It means that people are poor if they fall below prevailing standards of living in a given societal context.
- Poverty Alleviation Programs
- Various government initiatives are aimed at reducing poverty, such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Pradhan Mantri Awas Yojana, and others.
- These programs focus on providing employment, improving infrastructure, and ensuring basic necessities are met.
- Causes of Poverty
- Poverty can be caused by several factors including lack of education, unemployment, economic instability, and social inequality.
- Natural disasters, war, and political instability can also exacerbate poverty levels.
Last updated on Jun 2, 2025
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