The Gini coefficient measures: MCQ with Answer and Explanation

Question

Share Report Error

The Gini coefficient measures:

A. unemployment

B. inflation

C. poverty

D. income inequality

Answer: Option D

Solution (By JKSSB Mock Tests)

The Gini coefficient measures income inequality.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

The 'Goods and Services Tax' on advertising services is:

A. 12%

B. 18%

C. 5%

D. 28%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Advertising services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'Personal Income' of a country includes:

A. only wages

B. corporate profits retained

C. only indirect taxes

D. transfer payments and factor incomes received by households

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Personal income includes all incomes received by households, including transfer payments.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'Paris Agreement' on climate change was adopted in which year?

A. 2018

B. 2012

C. 2015

D. 2016

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The Paris Agreement was adopted in 2015.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs