Question
In which year was the Lakdawala Committee on Poverty
established?Solution
The Lakdawala Committee was set up in 1993 to review the methodology for poverty estimation in India. The committee's recommendations led to significant changes in how poverty is measured, emphasizing calorie consumption and updating poverty lines using consumer price indexes.
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Uday Bhatia of Delhi and Mansi Gupta of Haryana have been honored with the 'Diana Memorial Award' on March 14, 2024. This award is given in the field of:
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Consider the following statements about inflation:
1. Inflation erodes the purchasing power of money.
2. Cost-push inflation occurs due to...
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