A higher index represents inequality in income distribution ........

Current GK (MTS) Indexes

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A higher ______ index represents inequality in income distribution.

NDP

GDP

CPI

Gini

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Explanation:

- Gini Index: A higher Gini index represents greater inequality in income distribution. It measures the wealth gap within a nation.

Correct Answer: Option 4 - Gini

- NDP (Net Domestic Product): This measures the economic output of a country after accounting for depreciation. It doesn't indicate income inequality.

- GDP (Gross Domestic Product): This calculates the total value of all goods and services produced over a specific time period within a country. It also doesn't show income inequality.

- CPI (Consumer Price Index): Represents changes in the cost of a basket of goods overtime, used to track inflation, not income inequality.