Question : Which country has the highest income inequality?
Option 1: India
Option 2: Pakistan
Option 3: China
Option 4: Cannot be determined
Correct Answer: India
Solution : The correct answer is (a) India
India has been reported to have relatively high income inequality compared to Pakistan and China among India, Pakistan, and China. India has a significant wealth gap, with a relatively small proportion of the population holding a large share of the country's wealth.
Income inequality can be measured and assessed in different ways, and data can vary depending on the sources and methodologies used. Factors such as economic policies, social programs, and cultural contexts also influence income inequality. Therefore, for the most accurate and up-to-date information on income inequality, it is recommended to refer to reputable reports and studies conducted by organizations such as the World Bank, United Nations, or national statistical agencies.
