GINI index is measure of __________.

increasing trend in national income

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sectoral classification

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degree of inequality in distribution of income and wealth

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per capita income by person resident in India

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Solution

The correct option is A degree of inequality in distribution of income and wealth
GINI Index is measure of degree of inequality in distribution of income and wealth. GINI coefficient or GINI Index is developed by an Italian statistician, Corrado Gini in the year of 1912. It is the most commonly used statistical method for measuring inequality of income and wealth.

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