Loading...
Loading...
Which of the following statements is/are correct regarding Gini coefficient? I. It measures the level of income inequality in the society. II. Higher the Gini coefficient, lower the inequality. III. It can be derived using the Lorenz curve. Select the correct answer from the options given below:
Correct Answer: (b)
Official keyThis question appeared in the JPSC Prelims 2023 examination (GS). It is Question 48 out of 400 questions in this paper.
This question was part of the JPSC Prelims 2023 (GS). The JPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all JPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.