Economics · Basic Concepts of Economics
What socioeconomic indicator does the 'Gini Coefficient' primarily measure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Unemployment distribution
- 2Income and wealth inequality✓
- 3Gross Domestic Product (GDP) growth
- 4Inflation rate
Correct answer
Income and wealth inequality
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Basic Concepts of Economics MCQs →Want more practice questions on Basic Concepts of Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Basic Concepts of Economics