With reference to the concept of 'Vulnerability' to poverty, consider the following 1. It describes the greater probability of certain communities or individuals becoming or remaining poor. 2. It is determined solely by the lack of income at a specific point in time. 3. It involves analyzing the ability of groups to handle risks like natural disasters. Which of the following statements are correct ?

The correct option is (c) 1 and 3 only. Explanation Vulnerability to poverty is a measure that describes the dynamic nature of poverty. Unlike income poverty, which assesses the current status of an individual, vulnerability assesses the risk or probability of an individual or community falling into poverty or remaining poor in the future due to various adverse events. Statement-wise Analysis: - Statement 1 is Correct: Vulnerability specifically describes the greater probability of certain communities (such as backward castes) or individuals (such as widows or persons with disabilities) becoming or remaining poor in the coming years. It focuses on the likelihood of future deprivation. - Statement 2 is Incorrect: Vulnerability is not determined solely by the lack of income at a specific point in time. It is determined by the options available to different communities for finding an alternative livelihood in terms of assets, education, health, and job opportunities. While income is a factor, vulnerability encompasses a broader range of social and economic assets. - Statement 3 is Correct: The concept involves analyzing the ability of groups to handle risks and shocks. It assesses the resilience of individuals against external factors such as natural disasters (earthquakes, floods), economic downturns, or health crises. Key Takeaway: Vulnerability is a forward-looking concept that measures the risk of poverty, whereas standard poverty measures are static and assess the current state of deprivation.

With reference to the concept of… - NCERT Class 9 Economics MCQ

NCERT Class 9 Economics — Chapter 3: Poverty as a Challenge

mcqmedium

With reference to the concept of 'Vulnerability' to poverty, consider the following

It describes the greater probability of certain communities or individuals becoming or remaining poor.
It is determined solely by the lack of income at a specific point in time.
It involves analyzing the ability of groups to handle risks like natural disasters.

Which of the following statements are correct ?

NCERT textbook question

From NCERT Economics - class 9 · Page 31

Options

A1 and 2 only
B2 only
C1 and 3 only
D1, 2 and 3

Did you get this right?

Solution

The correct option is (c) 1 and 3 only.

Explanation

Vulnerability to poverty is a measure that describes the dynamic nature of poverty. Unlike income poverty, which assesses the current status of an individual, vulnerability assesses the risk or probability of an individual or community falling into poverty or remaining poor in the future due to various adverse events.

Statement-wise Analysis:

Statement 1 is Correct: Vulnerability specifically describes the greater probability of certain communities (such as backward castes) or individuals (such as widows or persons with disabilities) becoming or remaining poor in the coming years. It focuses on the likelihood of future deprivation.
Statement 2 is Incorrect: Vulnerability is not determined solely by the lack of income at a specific point in time. It is determined by the options available to different communities for finding an alternative livelihood in terms of assets, education, health, and job opportunities. While income is a factor, vulnerability encompasses a broader range of social and economic assets.
Statement 3 is Correct: The concept involves analyzing the ability of groups to handle risks and shocks. It assesses the resilience of individuals against external factors such as natural disasters (earthquakes, floods), economic downturns, or health crises.

Key Takeaway:

Vulnerability is a forward-looking concept that measures the risk of poverty, whereas standard poverty measures are static and assess the current state of deprivation.

Your note

More from Chapter 3: Poverty as a Challenge

Consider the following statements regarding the 'Child-Adolescent Mortality' indicator: 1. It looks at deaths in the household in the five-year period preceding the survey. 2. It considers mortality only among children under 5 years of age. 3. It accounts only for deaths caused by accidents. Which of the following statements are correct ?

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Consider the following statements regarding the concept of 'Social Exclusion' in the context of poverty: 1. It is a process through which individuals are excluded from facilities and opportunities that others enjoy. 2. It is considered only as a consequence of poverty, never as a cause. 3. The working of the caste system in India is a typical example of social exclusion. Which of the following statements are correct ?

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Which of the following is NOT one of the twelve indicators used in the National Multidimensional Poverty Index (NMPI)?

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Consider the following statements regarding the 'Sanitation' indicator in the National Multidimensional Poverty Index: 1. A household is deprived if it has no sanitation facility. 2. Sharing an improved sanitation facility with other households does not count as deprivation. 3. A household is deprived if the sanitation facility is not air-conditioned. Which of the following statements are correct ?

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With reference to the 'Years of Schooling' indicator in the National Multidimensional Poverty Index, a household is deprived if:

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