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      Question

      As per the World Bank, what was the extreme poverty rate

      in India for the year 2022–23?
      A 6.2% Correct Answer Incorrect Answer
      B 5.6% Correct Answer Incorrect Answer
      C 5.3% Correct Answer Incorrect Answer
      D 4.8% Correct Answer Incorrect Answer
      E 5.9% Correct Answer Incorrect Answer

      Solution

      According to the World Bank, India’s extreme poverty rate declined to 5.3% in 2022–23, a significant improvement from 27.1% in 2011–12. The new estimate uses an updated poverty line of $3/day (2021 PPP).

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