New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What criteria or elements are considered when updating

    the poverty line on a regular basis
    A By conducting a survey every five years Correct Answer Incorrect Answer
    B Survey carried out by National Sample Survey Organisation Correct Answer Incorrect Answer
    C Both a and b Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    The criteria for revising the poverty line include adjusting for changes in the cost of living, accounting for inflation rates, and adapting to shifts in household consumption patterns. These factors ensure that the poverty line remains an accurate measure of economic well-being over time.

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