Comprehension Passage
Direction: Consider the following table that gives the monthly per capita consumption expenditure (MPCE) of eight households and answer the questions given below:
TABLE
| State | MPCE (in Rs) of 8 Households | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
| State-A | 950 | 1100 | 1000 | 975 | 750 | 775 | 790 | 1400 |
| State-B | 1250 | 1150 | 1400 | 1100 | 550 | 600 | 490 | 1200 |
The value of Z (poverty line MPCE cut off) is Rs 800.
From the table calculate the estimates of Poverty Gap Ratio (PGR) for State-A and State-B and select the correct option:
1
State-A : 0.133, State-B : 0.0119
2
State-A : 0.153, State-B : 0.0135
3
State-A : 0.0133, State-B : 0.119
4
State-A : 0.0153, State-B : 0.135