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 was adopted by the Planning Commission in 2011.
The Tendulkar methodology defines poverty as the inability to afford a minimum basket of goods and services. The minimum basket of goods and services is determined by the Expert Group on Estimation of Poverty (2005). The Expert Group defines the minimum basket of goods and services as the goods and services that are necessary for a person to maintain a healthy life.
The Tendulkar methodology uses the following steps to estimate poverty:
- The Expert Group on Estimation of Poverty (2005) defines the minimum basket of goods and services.
- The price of the minimum basket of goods and services is estimated.
- The poverty line is defined as the cost of the minimum basket of goods and services.
- The poverty rate is defined as the percentage of the population that lives below the poverty line.
The Tendulkar methodology was used to estimate poverty in India for the year 2011-12. The poverty rate for the year 2011-12 was 21.92%.
The other options are incorrect because they are not the poverty rate of India for the year 2011-12 as estimated by the Tendulkar methodology.