📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which of the following is the primary measure of income

    inequality?  
    A HDI Correct Answer Incorrect Answer
    B Gini Coefficient Correct Answer Incorrect Answer
    C GDP per capita Correct Answer Incorrect Answer
    D Lorenz Function Correct Answer Incorrect Answer
    E Poverty Headcount Ratio Correct Answer Incorrect Answer

    Solution

    The Gini Coefficient , derived from the Lorenz curve, quantifies inequality on a scale from 0 (perfect equality) to 1 (perfect inequality). A higher value signals wider income gaps. India’s Gini values have hovered around 0.35–0.37, showing moderate inequality. Policymakers track it to assess the inclusiveness of growth.  

    Practice Next
    ask-question