ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are used to calculate HDI? (CHECK ALL THAT APPLY)
A
Literacy rate
B
GNI per capita
C
Poverty rate
D
Life expectancy
E
Average years of schooling
Explanation: 

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: -Human Development Indicators, issued annually by the United Nations Development Programme (UNDP), provide broad measures of well-being across three data dimensions: life expectancy, education and purchasing power parity.

Detailed explanation-3: -Detailed Solution. Sex ratio is NOT a measure of the Human Development Index. The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators.

There is 1 question to complete.