Economics: Poverty as a Challenge · Class 9 · CBSE Social Science

Which of the following international organizations defines poverty line based on the minimum availability of the equivalent of 1.90 per person per da…

Practice question from Economics: Poverty as a Challenge (Class 9 · CBSE Social Science), with the correct answer and a step-by-step solution.

easy · MCQ · Q-E7C242

Which of the following international organizations defines poverty line based on the minimum availability of the equivalent of $1.90 per person per day?

  1. A.World Health Organization (WHO)
  2. B.World BankCorrect answer
  3. C.International Monetary Fund (IMF)
  4. D.United Nations Educational, Scientific and Cultural Organization (UNESCO)

Solution

The World Bank uses a uniform standard for poverty line globally, which is equivalent to $1.90 per person per day to make comparisons possible across developing countries.

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