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  9. Q26

JPSC 2023 · Question 26 of 199

Which of the following statements is/are correct regarding Gini coefficient? I. It measures the level of income inequality in the society. II. Higher the Gini coefficient, lower the inequality. III. It can be derived using the Lorenz curve. Select the correct answer from the options given below:

Indian Economy

  1. AI only
  2. BI and II only
  3. CI and III onlyCorrect
  4. DII and III only

Answer: C. I and III only

Explanation

The Gini coefficient measures income inequality and is derived from the Lorenz curve, but a higher Gini means higher (not lower) inequality — so I and III are correct.

Source: JPSC Combined Civil Services (PT) 2023 (Advt 01/2024), GS Paper-I, Booklet Series-B; answers per official model answer key

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