45ᵗʰ B.P.S.C. (Pre) 2001
Relative poverty means-
aBankruptcy
bTrade cycles
cMinimum necessities of life
dEconomic inequalities✓ Correct
Explanation
Relative poverty indicates how much Economic inequality exists among different income groups. For measuring relative poverty, two methods are used— (i) Lorenz curve method and (ii) Gini coefficient. (325) ## Page 24
economic-social-development