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Question
Which of the following indicators is used to measure the development of countries by both the UNDP and the World Bank?
Which of the following indicators is used to measure the development of countries by both the UNDP and the World Bank?
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Solution
The correct option is D Per capita income
The UNDP classifies countries based on the Human Development Index, which has three indicators: life expectancy, education, and per capita income.
Whereas, the World Bank classifies countries based on per capita income into four categories: low-income countries, lower-middle-income countries, higher-middle-income countries, and high-income countries.
The UNDP classifies countries based on the Human Development Index, which has three indicators: life expectancy, education, and per capita income.
Whereas, the World Bank classifies countries based on per capita income into four categories: low-income countries, lower-middle-income countries, higher-middle-income countries, and high-income countries.
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