Which of the following is a measure of economic inequality?
A. Only GDP growth rate
B. Human Development Index as a pure inequality measure
C. Gini coefficient, Lorenz curve and Theil index
D. Only unemployment rate
Answer: Option C
Solution (By JKSSB Mock Tests)
The Gini coefficient, Lorenz curve and Theil index are standard measures used to quantify the degree of inequality in the distribution of income or wealth.
Explanation:
The Net Stable Funding Ratio (NSFR) requires banks to maintain a stable funding profile in relation to their on- and off-balance-sheet activities over a one-year time horizon.
Explanation:
SDRs are international reserve assets that can be exchanged for freely usable currencies and used in transactions among IMF members and prescribed holders.
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