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Which of the following is true with respect to income inequality?
A
It is one of the crucial challenges to development faced by India.
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B
Incomes for different job roles are different.
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C
It shows uneven distribution of income amongst the population.
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D
It is directly proportional to weath inequality.
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Solution
The correct option is C It shows uneven distribution of income amongst the population. Income inequality is a significant development challenge faced by India. It shows the income gap between different population groups and varies with social factors such as gender identity and age. It can also lead to wealth inequality.