Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Ecology and Environment Conservation efforts: India and World
Consider the following statements regarding Gini Coefficient.
1. The Gini coefficient is used to draw the Lorenz Curve.
2. Gini Number is arrived when the area between the line of perfect equality and the Lorenz curve is divided by Area between the line of perfect equality and the line of perfect inequality.
3. The quotient of the Gini coefficient is a measure of inequality.
4. For a perfectly equal distribution, there would be no area between the 45-degree line and the Lorenz curve-- a Gini coefficient of zero.
Which of the statements given above is/are correct?1
1 and 2 only
2
1 and 3 only
3
2 and 3 only
4
2, 3 and 4 only