As per 2018 global Multidimensional Poverty Index, India's poverty rate has decreased from 55% to ___________.
Options
A. 50%
B. 32%
C. 42%
D. 28%
Correct Answer
28%
Explanation
In accordance with the 2018 global Multidimensional Poverty Index (MPI), India's poverty rate has shown a drastic decrease in 10 years, from 55% to 28%. The index has shown that, in the years between 2005-06 and 2015-16, 271 million people are moved out of poverty in India. Apart from the huge progress, India is still a home to the highest number of MPI poor comprising 364 million poor in 2015-16. Although the number is reduced from 635 million in 2005-06. More than half of the India's multidimensional poor (196 million) are from the four states viz. Bihar, Jharkhand, Uttar Pradesh and Madhya Pradesh while Delhi, Kerala and Goa have lowest multidimensional poverty.
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