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Question

GINI index represent ______ perfectly inequality in distribution of income.

A
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B
1
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D
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Solution

The correct option is B 1
GINI index represent 1 perfectly inequality in distribution of income. GINI coefficient or GINI Index is developed by an Italian statistician, Corrado Gini. It can be defined as a statistical dispersion used to measure the inequality of wealth and income.

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