Multiple Choice Questions on Statements The percentage of the national income shared by the top 10 per cent of households in Indi........... for SBI(PO) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Statements: The percentage of the national income shared by the top 10 per cent of households in India is 35.

    Conclusions:

    When an economy grows fast, concentration of wealth in certain pockets of population takes place.

    The national income is unevenly distributed in India.

    Only conclusion I follows

    Incorrect Answer

    Only conclusion II follows

    Correct Answer

    Either I or II follows

    Incorrect Answer

    Neither I nor II follows

    Incorrect Answer
    Explanation:

    Answer: Option B
    Explanation:
    Nothing about the growth of economy is mentioned in the statement. So, I does not follow. Also, it is given that 35 per cent of national income is shared by 10 per cent of households. This indicates unequal distribution. So, II follows.


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