Question

5. Can the fiscal measures bring out lasting solution to the inequality of income distribution in India? a) Yes b) No c) Marginal d) None of the above
6. A lower Gini Index implies which of the following? a) More equal distribution of income b) Unequal distribution of income c) Higher inequality d) None of the above
7. Which of the following types of unemployment is not applicable to India? a) Seasonal b) Disguised c) Cyclical d) Educated
8. In 2016-17 India's foreign exchange reserve was in a) surplus b) deficit c) balance d) none of the above

9. Which of the following is not the role of SEBI? a) Regulatory role b) Investors education c) Treasury bills d) Market surveillance

10. Which of the following money market instrument is issued by commercial banks? a) CPs b) Commercial bills c) CDs d) Treasury bills

Answer 1

Answer:

What does a Gini index of 40 mean?

Gini index < 0.2 represents perfect income equality, 0.2–0.3 relative equality, 0.3–0.4 adequate equality, 0.4–0.5 big income gap, and above 0.5 represents severe income gap.

Answer 2

Answer:

yes upper answer is right