New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which are the categories in which nations are

    categorized on the basis of HDI? i. Very High Human Development ii. High Human Development iii. Medium Human Development iv. Low Human Development.
    A Only i & ii Correct Answer Incorrect Answer
    B Only i & iii Correct Answer Incorrect Answer
    C Only i, ii, & iii Correct Answer Incorrect Answer
    D Only i, iii, & v Correct Answer Incorrect Answer
    E All of these Correct Answer Incorrect Answer

    Solution

    The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income per capita indicators. A country scores higher HDI when the life expectancy at birth is longer, the education period is longer, and the income per capita is higher. It is used to distinguish whether the country is a developed, a developing or an underdeveloped country. The index was developed in 1990 by Pakistani economist Mahbub ul Haq. Countries fall into four broad human development categories: Very High Human Development, High Human Development, Medium Human Development and Low Human Development.

    Practice Next

    Relevant for Exams: