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Sunday, 7 January 2018

HDI is a better index of development because

  By GK Planet Team       Sunday, 7 January 2018
Q. HDI is a better index of development because

A. GDP growth may not consider personal growth situations
B. It takes into considration reduction of poverty
C. It covers income, health and education aspects of development
D. It covers promotion of growth

Answer: It covers income, health and education aspects of development 

The Human Development Index (HDI) is a composite statistic (composite index) of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. A country scores higher HDI when the lifespan is higher, the education level is higher, and the GDP per capita is higher. The HDI was developed by Pakistani economist, Mahbub ul Haq, for the UNDP.
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