ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The GNH index is based on the Alkire-Foster method of multidimensional measurement, which has been adapted for this purpose. It identifies four groups of people – unhappy, narrowly happy, extensively happy, and deeply happy.

Detailed explanation-2: -Gross National Happiness (GNH) is the development philosophy propounded by His Majesty the Fourth King Jigme Singye Wangchuck, in the early 1970s.

Detailed explanation-3: -The correct answer is Bhutan. In most countries including India, GDP (gross domestic product) is considered as the measure of growth. But Bhutan is a country where GNH (gross national happiness) means gross national well-being.

Detailed explanation-4: -Good Governance. Good Governance is a considered a pillar for happiness because it determines the conditions in which Bhutanese thrive. Sustainable Socio-economic Development. Preservation and Promotion of Culture. Environmental Conservation.