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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

Practice MCQs with answers

  1. In the conventional sense, poverty means inability to meet:

    1. Luxury needs
    2. Basic needs such as food, clothing and shelter
    3. Tax obligations
    4. Education fees only
    Show answer

    Answer: B. Basic needs such as food, clothing and shelter
    Lack of sufficient income to meet basic needs.

  2. Multi-dimensional poverty includes deprivation in:

    1. Only income
    2. Material and non-material dimensions
    3. Only food
    4. Only housing
    Show answer

    Answer: B. Material and non-material dimensions
    It covers health, education, sanitation and also social discrimination.

  3. Which economist said poverty is a lack of capability?

    1. Amartya Sen
    2. Adam Smith
    3. Keynes
    4. Ricardo
    Show answer

    Answer: A. Amartya Sen
    Prof. Amartya Sen defined poverty through capabilities.

  4. Amartya Sen received the Nobel Prize in Economics in:

    1. 1976
    2. 1998
    3. 2009
    4. 2019
    Show answer

    Answer: B. 1998
    He was awarded in 1998.

  5. 'Garibi Hatao' is an example of:

    1. An anti-poverty programme
    2. A tax
    3. A trade agreement
    4. A census
    Show answer

    Answer: A. An anti-poverty programme
    It was a major anti-poverty slogan and programme.

All Class 11 Economics chapters

Class 11 Economics notes: all chapters