Question

60% 51% 51% 51.2 51.1% 51.5X 51.5% 47 49.8% 50.4% 50.3% 51.1% 43.3N 43.6N44.2 3.6% 44245.6% 46.6N Share of household income 24% 21 22 24.5N 24.7% 24.6N 24.4 23 23.4 233 234 23% 23. 2 3.2% 22.9% 23% 17.4% 17% 16.8% 16.2% 15.9% 15.2% 14,8% 14.6% 14,6% 14,3% 14.4% 14.4% 14.3% 14.3% 14.2% 14.3% 8.4 8.35 .2 10.8% 10.4% 10.2% 9.8 9.6% 9.1% 89% 8.6NR.SN 4.1% 4,3% 4.2% 3.9% 3.8% 3.7% 3.6% 3.4% 33% 8.3 8.4 3,2% 12% 8.2% 8.2% 1% 1 1970 1975 1980 1985 1990 1995 2000 2009 2010 2011 2012 2013 2014 2015 2016 2017 Lowest quintile Second quintile- Third quintile Fourth quintile Highest quintile

Answer 1

Ans: d) Each fifth of the population would have a fifth of the income.

Explanation: In this question, we are analyzing 5 quintiles i.e. dividing population and income in 20% sets each. Since there is equal distribution, each quintile (whether lowest of highest) would have same share of income i.e. 20% (fifth of income).

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