GINI index represent ______ perfectly inequality in distribution of income.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

0.5

No worries! We‘ve got your back. Try BYJU‘S free classes today!

0.25

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

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.

Suggest Corrections

Similar questions

Q. Consider the following statements:

Which of the statements given above is/are correct?

If income is distributed evenly, the Gini co-efficient is:

Join BYJU'S Learning Program