subject

Inequality of Income and Wealth

Economics ⇒ Poverty and Inequality

Inequality of Income and Wealth starts at 10 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Inequality of Income and Wealth. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 10
A village has 10 families. 2 families own 80% of the land, while the remaining 8 families share the rest. What does this situation illustrate?
Describe one reason why regional disparities exist in income and wealth in India.
Describe one way in which education can help reduce income inequality.
Describe the impact of land reforms on wealth inequality in India.
Explain how government subsidies can help reduce income inequality.
Explain how progressive taxation helps in reducing income inequality.
Explain how unequal access to education contributes to income inequality.
A village has 10 families. 2 families own 80% of the land, while the remaining 8 families share the rest. What does this situation illustrate?
Which of the following government schemes aims to provide employment and reduce income inequality in rural India? (1) MGNREGA (2) GST (3) Swachh Bharat (4) Digital India)
Which of the following is a consequence of high income inequality? (1) Increased social harmony (2) Reduced poverty (3) Political instability (4) Equal opportunities
Which of the following is a direct result of wealth inequality? (1) Equal access to healthcare (2) Unequal opportunities (3) Universal education (4) Equal wages
Which of the following is a long-term solution to reduce wealth inequality? (1) Temporary cash transfers (2) Land reforms (3) Lottery schemes (4) Price hikes
Fill in the blank: ________ is a government programme that provides food grains at subsidised rates to the poor in India.
Fill in the blank: ________ is a policy where the government provides financial help to the poor to reduce income inequality.
Fill in the blank: ________ is a type of tax that increases as the taxable amount increases, helping to reduce income inequality.
Fill in the blank: ________ is the process of dividing land among landless farmers to reduce wealth inequality.
Is the following statement true or false? 'All poor people are unemployed.'
Is the following statement true or false? 'Income inequality only affects the poor.'
Is the following statement true or false? 'Reducing income inequality can help in achieving sustainable development.'
Is the following statement true or false? 'Wealth can be inherited, but income cannot.'