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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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