Question:
Despite the reduction in absolute poverty level of Sri Lanka, significant income inequalities continue to persist. This is confirmed by the percentage of total household income held by the richest 10% of household which is
(1) 10.9%.
(2) 14.9%.
(3) 28.6%.
(4) 38.0%.
(5) 57.5%.
Correct Answer:
(4)
Answer Explanation:
Sri Lanka historically suffers from severe income disparity. According to household survey data from the relevant 2016-era syllabus, the wealthiest decile (top 10%) of the population controlled roughly 38% of the total national household income.
Topic: Inequality Year: 2017
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