Consider the following statements :
1. Gini Index is a graphical representation of the distribution of income or of wealth.
2. Higher the Gini Index, the greater the degree of income equality.
3. The value of Gini Index has increased amongst regular workers while it decreased among casual workers in India as per India Wage Report.
Which of the statement(s) given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
3 only
4
All 1, 2 and 3
5
Question not attempted
5
Question Not Attempted