Check sibling questions

Poor are usually classified into

Always poor --> They are Always below Poverty Line\

Usually Poor --> They are Normally below Poverty Line

Churning Poor --> They move in and out of Poverty Line

Occasionally Poor --> They are normally above Poverty Line\

Never Poor --> They are always above Poverty Line

Different Types of Poor 2 - Teachoo.JPG

Note

Above can also be Grouped into Chronic Poor,Transient Poor and Non Poor as shown below

What are Chronic,Transient and Non-Poor - Teachoo.JPG

Who are Chronic Poor

Person who are always or usually poor are called Chronc Poor

They are normally always below the Poverty line

 

Who are Transient Poor

(Person who are poor

for a short time)"

Example-Churning Poor and Occasionally Poor

These People sometimes fall below Poverty Line

 

Who are Non Poor

Person who are never below Povery line

It is the other name of 'never Poor'

These people are always above the Poverty Line

 

MCQ Other Books

Q1

In the following questions, select the correct answers:

Transient poor includes:

A Occasionally Poor

B Churning Poor

C Never Poor

D Usually Poor

View Answer

 

Q2

Which one of the following is classified as most poor?

A Chronic Poor

B Occasionally Poor

C Both A and B

D Neither A nor B

View Answer

 

Q3

___ poor are the ones who regularly move in and out of poverty.

A Chronic

B Occasionally

C Churning

D None of these

View Answer

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Transcript

Different Types of Poor Always poor They are Always below Poverty Line Usually Poor They are Normally below Poverty Line Churning Poor They move in and out of Poverty Line Occasionally Poor They are normally above Poverty Line Never Poor They are always above Poverty Line What are Chronic,Transient and Non-Poor Long time Poor Temporary Poor Never Poor Always poor Usually Poor Churning Poor Occasionally Poor Never Poor These two are Chronic Poor (Person who are always or usually poor) These two are Transient Poor (Person who are poor for a short time) These are also called Non-Poor They are always above Poverty Line

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CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.