Q10. According to recent World Bank data from the Poverty and Inequality Platform, how do the living standards of the poorest 10% in advanced economies compare with those of India’s richest 10%?
✅ Correct Answer: The poorest 10% in several advanced economies have higher daily income or consumption thresholds than India’s richest 10%.
According to the World Bank’s 2026 Poverty and Inequality Platform data, the daily income or consumption threshold is approximately $25 in the United States, $31 in Canada, and $28 in Germany and Australia for the poorest 10%. In comparison, India’s richest 10% have a threshold of approximately $10 per person per day.
These figures are adjusted for differences in purchasing power and living costs. However, the comparison uses income data for many high-income countries and consumption data for India, so the measures are not perfectly identical.
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