Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
The Gini coefficient gives a summary figure for which curve?

ASupply and Demand Curve

BPhillips Curve

CLorenz Curve

DLafer Curve

Answer:

C. Lorenz Curve

Read Explanation:

The Gini-coefficient gives the summary figure for Lorenz curve which first ranks the population according to different levels of consumption/income and then plots the 'cumulative proportion of consumption/income against the cumulative proportion of the population enjoying that level of consumption/income.

Related Questions:

Which department is responsible for implementing the Navajeevan scheme in Kerala?
What is the primary definition of women's empowerment?

According to Dandekar and Rath, what was the poverty percentage in Kerala during 1960-61?

  1. 90.75 percent of the rural population was below the poverty line.
  2. 88.89 percent of the urban population was below the poverty line.
  3. Their estimates did not consider locally significant items like tapioca, banana, coconut, and fish.
  4. The poverty levels were considered accurate by subsequent studies.
    Which Indian state is identified as having the most developed social welfare system in India?
    Bhumika’ centre, supported by NRHM, mainly offers: