Question

On the basis of the Human Development Index (HDI) countries with high HDI are classified as-
1. developing
2. developed
3. least developed
4. underdeveloped

Answer 1

Correct Answer - Option 2 : developed

Concept:-

• An index was developed to assess the countries on the basis of “Human development” is known as The Human Development Index (HDI)
• This index shows that a country is developed, is developing, or is underdeveloped.

• It captures three major dimensions of human development that are access to knowledge, long and healthy life, and a proper standard of living.
• HDI was developed by Pakistani economist Mahbub ul Haq.
• The HDI report was first released in 1990.
• This report is published every year.
  • Life expectancy- It denotes the number of years a person is to be alive. It is an estimate of the average age of members of a group.
  • Gross enrolment ratio for three levels of schooling. It is the ratio for three levels means enrolment ratio for primary school, secondary school and higher education beyond secondary school.
  • National Income- All goods and services produced in a year by a country are valued. The higher the national income, the better the growth of any economy or country. From the national income figures, it can be known how fast the growth of a country is increasing.