Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country?

Inflation

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Sensex

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Human Development Index

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SLR

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Solution

The correct option is C Human Development Index
Human Development Index (HDI) provides an overall index of economic development. It assists one in knowing about the country’s progress. HDI uses the logarithm of income to serve the purpose. HDI is developed to measure life expectancy, level of literacy, education and standard of living of people in a country.

Thus, the correct answer is C.

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Similar questions

Consider the following statements about HDI:

Which of the above statements is/are correct

Q83. Which of the following parameters are taken into account while computing Human Development Index (HDI)?

1. Sex-ratio

2. Life expectancy

3. Educational achievement

4. Standard of living

Consider the following statements about the Human Poverty Index:

Which of the above statement(s) is/are correct?

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