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Question

For measuring human well-being _______ index is used.


A
HDI
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B
WPI
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C
CPI
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D
NIFTY
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Solution

The correct option is A HDI

Human Development Index (HDI) is important as it emphasizes that people and their capabilities should be the ultimate criteria in order to assess the development of a country and not only the economic growth. It uses the composite index of life expectancy, education, and per capita income indicators to measure the human well-being.

Thus, the correct answer is A.


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