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Byju's Answer
Standard XII
Accountancy
Need for Analysis of Financial Information
In order to m...
Question

In order to measure the inequalities of income and wealth ______ index is used.


A
GINI
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B
Dolor
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C
NASDAQ
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D
None
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Solution

The correct option is D GINI
In order to measure the inequalities of income and wealth GINI index is used. GINI coefficient or GINI Index was developed by an Italian scientist, Corrado Gini in the year of 1912. GINI Index can be defined as a method of statistical dispersion which is used to measure inequalities of income and wealth.

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