CA Foundation · Business Economics · Indian Economy
The Human Development Index (HDI) published by the UNDP combines indicators from which three dimensions?
The HDI combines health measured by life expectancy at birth, education measured by mean and expected years of schooling, and standard of living measured by gross national income per capita. Indicators like inflation, fiscal deficit or industrial output are not included in it.
- AHealth (life expectancy), education (schooling years) and standard of living (per capita income)Correct
- BHealth, employment rate and industrial output
- CEducation, poverty ratio and inflation rate
- DPer capita income, Gini coefficient and fiscal deficit
Explanation
The HDI is a composite of a long and healthy life (life expectancy at birth), knowledge (mean and expected years of schooling) and a decent standard of living (GNI per capita). The other options include indicators such as inflation, fiscal deficit or industrial output, which are not part of the HDI.
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