New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which region was categorised as the World’s Most

    Unequal Region in the World Inequality Report 2022?
    A Sub Saharan Africa Correct Answer Incorrect Answer
    B South and South East Asia Correct Answer Incorrect Answer
    C Middle East and North Africa Correct Answer Incorrect Answer
    D East Asia Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    France-based World Inequality Lab published its report titled “World Inequality Report 2022”. Middle East and North Africa is the most unequal region in the world, Europe has the lowest inequality levels. The report notes that the top 1% of India’s population owns more than one-fifth of the total national income in 2021. In 2021 the top 10 per cent and top 1 per cent of the Indian population holds 57 per cent and 22 per cent of total national income respectively, whereas the share of the bottom 50 per cent has gone down to 13 per cent.

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