Differentiate between ‘minimum subsistence level of living‘ and a ‘reasonable level of living‘.

 

Answer:

Answer to be written in the exam:

 

 

A “ minimum ” subsistence level of living contains food, cloth, and shelter (the basic needs).

A ‘ reasonable‘ level of living means not only food, cloth, and shelter but also health care, education, job security, and self-confidence.

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Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo