Which of the following is NOT true?
A) According to the government's definition of poverty, about 25 percent of Indians live in poverty but according to World Bank measures, about 76 percent live below the poverty line.
B) Although the proportion of Indians living in poverty has decreased since independence, the absolute number of poor has increased due to the country's rapid population growth.
C) Although India has the largest number of poor people in the world, the country also has a sizeable middle class.
D) The majority of the country's poor live in urban slums.
E) Over the past two decades, income inequality has become more skewed regionally.
Correct Answer:
Verified
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