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The Gini coefficient is used to measure:

AIncome inequality

BEconomic growth rate

CPoverty levels

DOverall human development

Answer:

A. Income inequality

Read Explanation:

  • The Gini coefficient measures the distribution of income among a population, with a higher value indicating greater inequality.

Related Questions:

Based on the International Labour Organisation's estimates, which of the following statements about the 'jobs gap' are true?

  1. The 'jobs gap' measures the number of persons without a job but who want to work.
  2. The ILO estimates the total 'jobs gap' to be 402 million in 2024.
  3. The 'jobs gap' exclusively includes individuals who are officially counted as unemployed.
  4. Out of the estimated 402 million 'jobs gap' in 2024, 183 million people are counted as unemployed.
    What was the primary purpose of establishing The Centre of Science and Technology for Rural Development (COST FORT)?

    Identify the programs designed to nurture entrepreneurship awareness and skills among students.

    1. Startup Awareness and Leadership Training (SALT) is designed for 9th and 11th standard students to create awareness about entrepreneurship opportunities.
    2. Local Entrepreneurship Advancement Programme (LEAP) allows IEDCs to design their own programs with community involvement to boost regional entrepreneurship.
    3. Ignite initiative educates alumni networks about startup investments and helps in nurturing local angel networks.
    4. RISE is a program where KSUM recognizes outstanding student performers and startup founders.

      Identify the correct statements regarding the shift in development thinking influenced by figures like Mahbub ul Haq and Amartya Sen.

      1. Prior to 1990, development thinking was predominantly focused on achieving high GDP growth rates.
      2. Pakistani economist Mahbub ul Haq shifted the focus of development economics from national income accounting to people-centered policies in 1990.
      3. Mahbub ul Haq collaborated with Amartya Sen to persuade the UNDP to incorporate Human Development Indicators (HDIs) in development policy framing.
      4. The Human Development Report (HDRs) exclusively relies on per capita income as its primary development metric.

        Under which programme have transgender individuals participated in the KSLMA equivalency programme?

        1. Transgender individuals have participated in the KSLMA equivalency programme under the 'Samanwaya' programme.
        2. They participated in the 4th and 7th standard equivalency programme only.
        3. The participation was limited to the 10th standard equivalency.