Correct Answer: Perfect inequality
Subject: economics
Explanation: • <b>Key Fact</b> The Gini index measures inequality in income distribution. A coefficient of 100 means perfect inequality. • <b>Supporting Detail</b> Perfect inequality (100) means one person holds all the income/wealth. • <b>Related Concept</b> A Gini coefficient of 0 means perfect equality (everyone has exactly the same income). • <b>Why wrong options are wrong</b> Perfect equality is represented by 0, not 100. It doesn't measure absolute GDP or poverty lines. • <b>Exam Trick</b> Gini score: 0 = equal (no inequality). 100 = total inequality (one person has everything). • <b>Additional Info</b> Poverty estimation in India is based on consumption/income falling below a subsistence level (BPL).
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