Question

Define hdi .Enlist a few parameters of assessment under hdi?

Answer 1

HDI or human development index is the statistical indicator of life expectancy ,education and per capita income which is used to to rank countries as per development.
Some of the parameters for HDI are as under:

1.Life expectancy at birth, as an index of population health and longevity

2.Knowledge and education, as measured by the adult literacy rate (with two-thirds weighting) and the combined primary, secondary, and tertiary gross enrollment ratio (with one-third weighting).

3.Standard of living, as measured by the natural logarithm of gross domestic product per capita at purchasing power parity.