ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Literacy rate, number of trees and GNI
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Life expectancy, schooling and GNI per capita
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Either A or B
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None of the above
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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: -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: -The Human Development Index published by the UNDP has three indicators of development: life expectancy, education, and per capita income. Q. Which of the following is not an indicator of Human Development Index?