ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
HDI stands for
A
Human Development Index
B
Human Disease Industry
C
High Definition Industry
D
High Development Index
Explanation: 

Detailed explanation-1: -HDI stands for ‘Human Development Index ’ that focuses on life expectancy, gross enrolment ratio for three levels of schooling and national income. Therefore the correct option is (d) i.e all the above.

Detailed explanation-2: -Data: The United Nations Development Programme is the institution that publishes the Human Development Index.

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: -Countries ranked from 1 to 66 in 2021 are designated “very high” HDI; those ranked from 67 to 115 are designated “high” HDI; those ranked from 116 to 159 are denoted “medium” HDI; and those ranked from 160 to 191 are designated “low” HDI.

Detailed explanation-5: -Human Development Index (HDI): India ranks 132 out of 191 countries. A report on the 2021 Human Development Index (HDI) is part of the Human Development Report 2021-2022 released by the United Nations Development Programme.

There is 1 question to complete.