ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The HDI is calculated as the geometric mean (equally-weighted) of life expectancy, education, and GNI per capita, as follows: The education dimension is the arithmetic mean of the two education indices (mean years of schooling and expected years of schooling).

Detailed explanation-2: -It is a measure of a country’s average achievements in three dimensions of human development: a long and healthy life, as measured by life expectancy at birth; knowledge, as measured by mean years of schooling and expected years of schooling; and.

Detailed explanation-3: -The Human Development Index (HDI) measures each country’s social and economic development by focusing on the following four factors: mean years of schooling, expected years of schooling, life expectancy at birth, and gross national income (GNI) per capita.

Detailed explanation-4: -5) defines life expectancy at birth measured in years as the average “number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life” over the whole population of each individual country.

Detailed explanation-5: -Definition: The average number of years that a newborn could expect to live, if he or she were to pass through life exposed to the sex-and age-specific death rates prevailing at the time of his or her birth, for a specific year, in a given country, territory, or geographic area.