INSIGHT UPSC QUIZ

GS Economy Miscellaneous
Q.

 Consider the following statements:

1. Pradhan Mantri Jan-Dhan Yojana intends to transfer all the benefits of government schemes and subsidies to account holders directly. 

2. In pre-independent India, B. R. Ambedkar was the first person to discuss the concept of a poverty line. 

Which of the statement(s) given above is/are correct?

Explanation:

ANSWER: (A) 

Statement 1 is correct.

  • The government has also introduced a few schemes to provide health insurance to poor people. 
  • From 2014, a scheme called Pradhan Mantri Jan-Dhan Yojana is available in which people in India are encouraged to open bank accounts. 
  • Besides promoting savings habit, this scheme intends to transfer all the benefits of government schemes and subsidies to account holders directly. 
  • Each bank account holder is also entitled to Rs. 1- 2 lakh accidental insurance cover. 

Statement 2 is not correct.

  • In pre-independent India, Dadabhai Naoroji was the first to discuss the concept of a Poverty Line. 
  • He used the menu for a prisoner and used appropriate prevailing prices to arrive at what may be called ‘jail cost of living’. 

However, only adults stay in jail whereas, in an actual society, there are children too. He, therefore, appropriately adjusted this cost of living to arrive at the poverty line.

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