On the basis of Tendulkar methodology, the poverty rate of India for the year 2011-12

40.62%
35.52%
29.32%
21.92%

The correct answer is (d) 21.92%.

The Tendulkar methodology is a method of estimating poverty in India. It was developed by Suresh Tendulkar, a former member of the Planning Commission of India. The methodology is based on the concept of “consumption poverty”, which is defined as the inability to afford a basic basket of goods and services.

The Tendulkar methodology was used to estimate the poverty rate in India for the year 2011-12. The results showed that the poverty rate was 21.92%, which was a significant decrease from the poverty rate of 37.2% in 2004-05.

The decrease in the poverty rate was due to a number of factors, including economic growth, social programs, and the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

The MGNREGA is a national employment guarantee scheme that provides rural households with 100 days of guaranteed employment per year. The scheme has been credited with helping to reduce poverty by providing employment and income to rural households.

The decrease in the poverty rate is a positive development for India. However, it is important to note that the poverty rate is still high, and there are still millions of people in India who live below the poverty line. It is important to continue to implement policies and programs that will help to reduce poverty in India.

The other options are incorrect because they are not the results of the Tendulkar methodology.