New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Consider the following statements with reference to the

    ‘State of Inequality in India’ Report: I. The Report was released by the Economic Advisory Council to the Prime Minister. II. Goa has the maximum wealth concentration among the Indian states. III. The highest percentage among different employment categories are self-employed workers. Which of the given statements above is/are correct?
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D I and III only Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The State of Inequality in India’ Report compiles information on inequities across sectors of health, education, household characteristics and the labor market. The report consists of two parts – Economic Facets and Socio-Economic Manifestations which looks at five key areas that influence the nature and experience of inequality. The Report was released by the Economic Advisory Council to the Prime Minister. Chandigarh, Delhi, Punjab, Goa in order is in the top in terms of wealth concentration. Punjab will be the top state not Goa. In 2019-20, among different employment categories, the highest percentage was self-employed workers (45.78%), followed by regular salaried workers (33.5%) and casual workers (20.71%).

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