ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Human Development Index (HDI) summarizes a great deal of social performance in a single composite index, combining ____
A
disparity reduction rate, human resource development rate and the compositeindex.
B
longevity, education and living standard.
C
minimum schooling, adult literacy and tertiary educational attainment.
D
human resource training, development and R&D.
Explanation: 

Detailed explanation-1: -Answer» A. disparity reduction rate, human resource development rate and the composite index.

Detailed explanation-2: -The Human Development Index (HDI) summarizes a great deal of social performance in a single composite index, combining. A disparity reduction rate, human resource development rate and the composite index.

Detailed explanation-3: -The Human Development Index (HDI) is a statistical measure (composite index) developed by the United Nations to assess the social and economic development of countries around the world. The HDI considers three indicators of human development, namely, life expectancy, education, and per capita income.

Detailed explanation-4: -The Human Development Index (HDI) is a statistic developed and compiled by the United Nations since 1990 to measure various countries’ levels of social and economic development.

Detailed explanation-5: -The Human Development Index (HDI) provides a single index measure to capture three key dimensions of human development: a long and healthy life, access to knowledge and a decent standard of living. The HDI utilizes four key metrics: life expectancy at birth – to assess a long and healthy life.

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