The correct answer is Option 1. Explanation & Key Takeaways: • Relative poverty refers to a situation where individuals or groups are considered poor in comparison to other members of the society. • Among the given options, only statement (c) correctly defines the concept of relative poverty. • (c) Comparing two income groups, the lower income group comes in poverty: This highlights the comparative nature of relative poverty. Related Concepts: • Absolute poverty refers to a condition where individuals lack the basic necessities required for survival, such as food, shelter, and clothing. • The other statements in the question, such as (a), (b), and (d), pertain more to absolute poverty rather than relative poverty. • Relative poverty is often measured using income inequality indicators like the Gini coefficient or by comparing incomes to a median or average level in society.