Economics · Economy
Consider the following statements: Statement I: Analysis of income mobility in India during 2014–25 shows a rise in downward mobility across social groups, with district-level income dispersion being associated with greater vulnerability to decline. Statement II: Upward mobility among Scheduled Castes (SCs) remained consistently strong across the entire period, indicating narrowing caste-based inequality. Statement III: While some upward mobility is visible, the rise in households slipping down the income ladder has consistently outpaced upward movement, particularly in rural areas. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement II and Statement III are correct, and both of them explain Statement I.
- 2Both Statement II and Statement III are correct, but only one of them explains Statement I.
- 3Only one of the Statements II and III is correct, and that explains Statement I.
- 4Neither Statement II nor Statement III is correct.✓
Correct answer
Neither Statement II nor Statement III is correct.
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