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Question

A set of three statements regarding components of HDI are given below. Read each statement and answer whether each statement is true or false?

Statement 1: The Health component is measured by Life expectancy at birth component of HDI and us calculated using a minimum value of 10 years and maximum value of 80 years.

Statement 2 : The Standard of Living component is measured by GDP (Gross Domestic Product/National Income) per capita at Purchasing Power Parity in US Dollars.

Statement 3: The Standard of Living component is measured by GNI (Gross National Income/Product) per capita at Purchasing Power Parity in US Dollars.

A True, False, True Correct Answer Incorrect Answer
B False, False, True Correct Answer Incorrect Answer
C False, True, False Correct Answer Incorrect Answer
D True, True, False Correct Answer Incorrect Answer
E All are False Correct Answer Incorrect Answer

Solution

The Health component is measured by Life expectancy at birth component of HDI and us calculated using a minimum value of 20 years and maximum value of 83.75 years. The Standard of Living component is measured by GNI (Gross National Income/Product) per capita at Purchasing Power Parity in US Dollars.

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