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  9. Q12

HPSC HCS 2024 · Question 12 of 100

Consider the following statements: 1. Gini Index is a graphical representation of the distribution of income or of wealth. 2. Higher the Gini Index, the greater the degree of income equality. 3. The value of Gini Index has increased amongst regular workers while it decreased among casual workers in India as per India Wage Report. Which of the statement(s) given above is/are correct?

Economy

  1. A1 and 2
  2. B2 and 3
  3. C3 onlyCorrect
  4. DAll 1, 2 and 3

Answer: C. 3 only

Explanation

The Gini index is a numerical measure (the Lorenz curve is the graphical one), and a higher Gini means greater inequality. The ILO's India Wage Report shows the Gini rose among regular workers and fell among casual workers. Only statement 3 is correct.

Source: HPSC HCS Prelims Paper-I held 11 Feb 2024 (freejobalert PDF)

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