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    Question

    According to the World Bank, India’s Gini Index stands

    at 25.5. This figure indicates that India is ranked as which of the following in terms of income equality?
    A Third largest economy Correct Answer Incorrect Answer
    B Sixth largest economy Correct Answer Incorrect Answer
    C Second most equal country Correct Answer Incorrect Answer
    D Fourth most equal country Correct Answer Incorrect Answer
    E Tenth most developed country Correct Answer Incorrect Answer

    Solution

    The Gini Index measures income inequality, with lower values indicating greater equality. A Gini Index of 25.5 places India among the countries with relatively low income inequality, ranking it as the fourth most equal country as per World Bank estimates.

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