The estimation of poverty line in India is based on the survey conducted by which of the following?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. National Statistical Office (NSO).
The official estimation of the poverty line in India relies on data collected through household consumption expenditure surveys conducted periodically by the National Statistical Office (NSO). These surveys gather information on household spending patterns, which forms the basis for determining the poverty threshold.
The Ministry of Finance is responsible for the fiscal policies and overall financial management of the Indian government.
The Reserve Bank of India (RBI) is India's central bank and regulates the country's monetary policy.
The Ministry of Rural Development focuses on implementing programs for poverty reduction and rural infrastructure development.