Question

Which of the following is the most popular economic development introduced by UNDP?

• A. Rise in Factor Productivity
• B. Human Development Index
• C. Physical Quality of Life Index
• D. None of these

Answer 1

The correct option is B Human Development Index

The Human Development Index is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. A country scores higher HDI when the lifespan is higher, the education level is higher, and the GDP per capita is higher. The origins of the HDI are found in the annual Human Development Reports produced by the Human Development Reports Office of the United Nations Development Programme.The HDI are the most popular economic development introduced by UNDP and uses 3 indices:

1. Life Expectancy Index
2. Education Index
3. Income Index