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The Gini coefficient is a statistical measure used to gauge economic disparities, with values ranging from 0 (perfect equality) to 1 (perfect inequality). A Gini coefficient above 0.40 is generally considered indicative of high income or wealth inequality. This metric is critical for analyzing economic health and societal balance.
Which is not correct about New Development Bank (NDB)?
In economic terms, when is a demand or supply considered inelastic?
What does an Inverted Duty Structure imply under the GST framework?
Which of the following best describes inflationary pressure in an economy?
Which one of the following is not a method of estimating the National Income of a country?
Consider the following statements about government securities and derivatives:
(I) Government Securities are risk-free gilt-edged instruments....
In which Union Budget was the formation of MUDRA Bank announced?
Which of the following is called as the National Income?
If the cash reserve ratio (CRR) decreases, what will happen to credit creation?
Which of the following was the first microfinance institution in India, established in 1974?
