StreakPeaked· Practice

ExamsSSC CGL (Prelims)General

The Gini Coefficient is a measure of:

  1. Poverty line
  2. Income inequality
  3. Unemployment rate
  4. Inflation

Correct answer: Income inequality

Solution

The Gini Coefficient is a statistical measure used to represent income or wealth inequality within a population. A value of 0 indicates perfect equality, while 1 indicates maximum inequality. Hence, the correct answer is income inequality.

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