12th Class Economics Poverty Question Bank MCQs - Poverty

  • question_answer
    Directions The next three questions are based on the given graph. Look at the graph given below wherein the figures are arranged as A, B, C, D and E starting from the left respectively.
    Figure B represents the case of occasionally poor or transient poor. It is the case where

    A) A person is rich most of the time but may sometimes have a patch of bad luck.

    B) A person who regularly moves in and out of poverty.

    C) A person who is always in a comfortable position and is not poor.

    D) None of the above

    Correct Answer: A

    Solution :

    A person is rich most of the time but may sometimes have a patch of bad luck.


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