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Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which of the following is a drawback of the Physical Quality of Life Index in terms of measuring development?

A
Considers life expectancy
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B
Ignores monetary factors
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C
Considers education
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D
Considers infant mortality
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Solution

The correct option is B Ignores monetary factors
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The Physical Quality of Life Index (PQLI) considers three factors for measurement. They are life expectancy, infant mortality rate, and basic literacy. As per the Physical Quality of Life Index, education and health of the people reflect the development of a nation. However, it completely ignores the monetary factors and does not give a complete picture of economic development.

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