Which among the following about the Rangarajan Panel Report on poverty estimation (submitted in July, 2014) is/are correct ? 1. The report states that three out of ten people in India are poor 2. The report endorsed the Tendulkar committee suggestion on d

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Q: 60 (CDS-II/2014)
Which among the following about the Rangarajan Panel Report on poverty estimation (submitted in July, 2014) is/are correct ?
1. The report states that three out of ten people in India are poor
2. The report endorsed the Tendulkar committee suggestion on determining poverty line in India
Select the correct answer using the code given below:

question_subject: 

Economics

question_exam: 

CDS-II

stats: 

0,18,55,18,9,41,5

keywords: 

{'poverty estimation': [0, 0, 0, 1], 'rangarajan panel report': [0, 0, 0, 1], 'poverty line': [0, 1, 0, 2], 'india': [8, 1, 7, 13], 'tendulkar committee suggestion': [0, 0, 0, 1], 'report': [1, 0, 4, 5]}

The correct answer is option 1, which states that only statement 1 is correct. The Rangarajan Panel Report on poverty estimation, submitted in July 2014, does state that three out of ten people in India are poor. However, statement 2, which says that the report endorsed the Tendulkar committee suggestion on determining the poverty line in India, is incorrect. The Rangarajan Panel Report actually recommended a new methodology for calculating the poverty line, different from the one used by the Tendulkar committee. Therefore, option 3 and option 4 are incorrect.