ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC GROWTH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Select all the items that are included in the Human Development Index (HDI).
A
Nominal GDP
B
Life expectancy
C
Real GDP per capita
D
GNP
E
Literacy rates
Explanation: 

Detailed explanation-1: -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-2: -Human Development Index Indicators. The Human Development Index (HDI) is a comparative measure of life expectancy, literacy, education, standards of living, and quality of life for countries worldwide.

Detailed explanation-3: -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 composite index of three social indicators: life expectancy, adult literacy and years of schooling. It also takes into account real GDP per capita.

Detailed explanation-5: -There are three components of HDI based on which it is evaluated: Education. Life Expectancy. Per Capita Income.

There is 1 question to complete.