Which of the following statements are correct about the “Lorenz Curve”?
I. The Lorenz curve is a graphical representation of the distribution of income or wealth in a society.
II. it represents one of the best and simplest ways to illustrate the level of economic inequality in society.
III. As the Lorenz curve moves towards the baseline, the underlying data suggests that the unequal distribution keeps increasing.
The Lorenz curve is a graphical representation of the distribution of income or wealth in a society. it represents one of the best and simplest ways to illustrate the level of economic inequality in society. As the Lorenz curve moves away from the baseline, the underlying data suggests that the unequal distribution keeps increasing.
Who is the target group for the scheme called PM SVANidhi?
The world’s largest steel producer company______ has planned to set up the steel plant in state Odisha?
Article 57 of the Constitution of India states that ______.
Which Space agency has fitted the Laser Retroreflector Array (LRA) on the Vikram lander of Chandrayaan 3, positioned near the Manzinus crater in the moo...
Consider the following statements:
1.The Tehri Dam, located on the Bhagirathi River in Uttarakhand, is the highest dam in India.
2.The Kak...
How many world heritage sites have been protected by UNESCO as of June 2020?
Which of the following is not an output device?
Where in India the Red sandalwood are found in abundance?
A/an ____________ is any substance that causes your immune system to produce antibodies against it.
What was the local village assembly (Gram Sabha) called during the Chola dynasty?