Column A | Column B | ||
A. | Poverty line | (i) | Line of demarcation between the rich and the poor |
B. | Poverty | (ii) | Unable to satisfy conspicuous consumption but can meet basic necessities of life |
C. | Debt Trap | (iii) | Usually arises due to higher interest rates or change in terms and conditions of the debt incurred |
D. | Moneylenders | (iv) | Usually charges very high rate of interest |
A) A-(i)
B) B-(ii)
C) C-(iii)
D) D-(iv)
Correct Answer: A
Solution :
Poverty is a situation when a person is unable to meet even the basic necessities of life such as food, clothing, shelter etc.You need to login to perform this action.
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