Question

    Which of the following statement/statemnents is/are

    correct? I. The “State of Inequality in India” report is released by the Economic Advisory Council to the Prime Minister. II. The Recent report shows that a salary of Rs 25,000 per month is amongst the top 10% of total incomes earned in India. III. It looks at five key areas: income distribution and labor market dynamics, health, education, and household characteristics that influence inequality.
    A only II Correct Answer Incorrect Answer
    B only I Correct Answer Incorrect Answer
    C only III Correct Answer Incorrect Answer
    D only I and III Correct Answer Incorrect Answer
    E All I,II and III Correct Answer Incorrect Answer

    Solution

    Dr. Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) recently released the “State of Inequality in India” Report It looks at five key areas that influence inequality. They are income distribution and labor market dynamics, health, education, and household characteristics. The report showed that a salary of Rs 25,000 per month is amongst the top 10% of total incomes earned in India. There is a significant improvement in the infrastructural capacity of the health sector. However, nutritional deprivation remains a big concern. According to NFHS-5 (2019-21), 96% of households have access to safe drinking water.

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