UPPSC 2018 GS-I Economy
Question

Which of the following fixes the poverty line in India?

Answer & Solution

Answer: (Detailed Solution Below)

Option D: Planning Commission (Now Niti Ayog)

Detailed Solution:

The correct answer is “Planning Commission (Now Niti Ayog)”.

Planning Commission (Now Niti Ayog) is responsible for fixing the poverty line in India. It collects data through the National Sample Survey Office (NSSO) and uses this data to calculate the poverty line based on consumption expenditure.  

Similar Questions:

Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below:

I. Nayak Committee
II. Abid Hussain Committee
III. S.S. Kohli Committee
IV. Karve Committee

Codes:
  1. I, II, IV, III
  2. III, II, I, IV
  3. IV, I, II, III
  4. I, II, III, IV
IRDA regulates:
  1. Banking companies
  2. Insurance companies
  3. Retail trades
  4. None of the above
Invisible Export means export of-
  1. Services
  2. Prohibited goods
  3. Unrecorded goods
  4. Goods through smuggling
Devaluation of currency means:
  1. Reduction in the value of a currency vis-a-vis major internationally traded currencies
  2. Permitting a currency to seek its worth in the international market
  3. Fixing the value of currency with the help of IMF and WB
  4. None of the above
In India, national income is estimated by
  1. Planning Commission
  2. Central Statistical Organisation
  3. Indian Statistical Institute
  4. National Sample Survey Organisation
Headline inflation refers to the change in value of all goods on the basket. On which basis is the headline inflation measured ?
  1. Wholesale Price Index
  2. Consumer Price Index for Industrial Worker
  3. Combined Consumer Price Index
  4. Urban Consumer Price Index
Since the economic reforms were launched in India, which one of the following statements is true for Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) of the commercial banks?
  1. Both SLR and CRR have been raised
  2. SLR has been reduced but CRR has been raised
  3. SLR has been increased but CRR has been reduced
  4. Both SLR and CRR have been reduced
Which of the following taxes is levied by the Gram Panchayats?
  1. Sales Tax
  2. Land Revenue Tax
  3. Tax on Local Fairs
  4. None of the above
Indian economy is characterised as:
  1. Backward Economy
  2. Developed Economy
  3. Developing Economy
  4. Underdeveloped Economy
Which of the following elements is a semi conductor?
  1. Aluminium
  2. Silicon
  3. Silver
  4. Lead
Which of the following countries has the maximum production of milk per cow?
  1. Netherlands
  2. Great Britain
  3. Denmark
  4. India
If interest payment is added to primary deficit, it is equivalent to:
  1. Budget deficit
  2. Fiscal deficit
  3. Deficit financing
  4. Revenue deficit