ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Human Development Index (HDI), a standard of a country’s well-being, is a comparative measure of:
A
oil production, health, and child welfare
B
education, environment, and life expectancy
C
income per capita, goods produced, and resources
D
education, life expectancy, and income per capita
Explanation: 

Detailed explanation-1: -The HDI is the geometric mean of normalized indices for each of the three dimensions. The health dimension is assessed by life expectancy at birth, the education dimension is measured by mean of years of schooling for adults aged 25 years and more and expected years of schooling for children of school entering age.

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