What is Universal Basic Income?
1
It is an unconventional monetary policy tool, which involves printing large sums of money and distributing it to the public, to stimulate the economy during a recession.
2
It is a socio-financial transfer policy proposal in which all below poverty line people receive stipulated and equally set financial grant paid by the government.
3
It is a money transfer to the all landholding farmers irrespective of the size of their land holdings.
4
It is a socio-political financial transfer policy proposal in which all citizens of a given country receive a legally stipulated and equally set financial grant paid by the government.