WBCS.LIVE practice question
The 'Head count ratio' is an economic statistical tool widely used in India as a primary measure of what?
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: Poverty
Explanation: ā Correct Answer: C) Poverty š Explanation: The Head Count Ratio (HCR) is the most common and simple statistical method used to measure absolute poverty in a country like India. It simply calculates the exact percentage of the total population that falls below the officially defined national poverty line, helping the government track economic distress.