Maharashtra State Board · HSC Commerce · Class 11 (Std XI)
Class 11 Economics Chapter 8: Poverty in India
Short notes, key concepts, quick revision and practice MCQs with answers
Poverty is a socio-economic phenomenon that leads to social exclusion. The chapter explains its meaning in the conventional and multi-dimensional sense and its history in India.
Key concepts: Poverty in India
- Conventional meaning
- Inability to fulfil basic needs such as food, clothing and shelter due to lack of income.
- Multi-dimensional poverty
- Deprivation in material dimensions (food, health, education, electricity, drinking water, sanitation) and non-material ones (social discrimination).
- Amartya Sen's view
- Poverty is not just lack of money; it is lack of capability to realise one's full potential. He received the 1998 Nobel Prize in Economics.
- Causes in the British period
- Economic drain, decline of handicrafts and cottage industries, oppressive policies and famines.
- Policy measures
- Economic planning, economic reforms and anti-poverty programmes such as 'Garibi Hatao'.
Quick revision: important points
- Amartya Sen wrote 'Poverty and Famines' (1981) and holds the Bharat Ratna.
- Elimination of poverty has been a top priority since Independence.
- Poverty leads to social exclusion.
Practice MCQs with answers
In the conventional sense, poverty means inability to meet:
- Luxury needs
- Basic needs such as food, clothing and shelter
- Tax obligations
- Education fees only
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Answer: B. Basic needs such as food, clothing and shelter
Lack of sufficient income to meet basic needs.Multi-dimensional poverty includes deprivation in:
- Only income
- Material and non-material dimensions
- Only food
- Only housing
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Answer: B. Material and non-material dimensions
It covers health, education, sanitation and also social discrimination.Which economist said poverty is a lack of capability?
- Amartya Sen
- Adam Smith
- Keynes
- Ricardo
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Answer: A. Amartya Sen
Prof. Amartya Sen defined poverty through capabilities.Amartya Sen received the Nobel Prize in Economics in:
- 1976
- 1998
- 2009
- 2019
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Answer: B. 1998
He was awarded in 1998.'Garibi Hatao' is an example of:
- An anti-poverty programme
- A tax
- A trade agreement
- A census
Show answer
Answer: A. An anti-poverty programme
It was a major anti-poverty slogan and programme.
All Class 11 Economics chapters
- Chapter 1: Basic Concepts in Economics
- Chapter 2: Money
- Chapter 3: Partition Values
- Chapter 4: The Economy of Maharashtra
- Chapter 5: Rural Development in India
- Chapter 6: Population in India
- Chapter 7: Unemployment in India
- Chapter 8: Poverty in India
- Chapter 9: Economic Policy of India since 1991
- Chapter 10: Economic Planning in India