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Question
Read the following statements about Human Development and choose the correct option:
- It is the composite Index prepared by United Nations Development Programme (UNDP).
- Parameters to measure it are Longevity, Literacy and Per Capita Income.
- Countries are ranked according to Developed and Low Developing countries.
- World Bank also prepares report of Human Development on the basis of Quality of Life.
Options
I and II
II and III
I and III
II and IV
Solution
I and II
Explanation:
The Human Development Index is a composite statistic that includes indicators for life expectancy, literacy, and per capita income. Mahbubul Haque, a Pakistani economist, created the HDI for the UNDP. The Human Development Index (HDI) of the United Nations attempts to quantify a country's level of prosperity based on both economic and non-economic factors.
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