Multiple choice general knowledge

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

  1. Inflation

  2. Sensex

  3. Human Development Index

  4. SLR
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Human Development Index (HDI) is a composite statistic developed to measure life expectancy, education (literacy and enrollment), and standard of living (income indicators). It was created by economists Mahbub ul Haq and Amartya Sen. Inflation measures price changes, Sensex tracks stock market performance, and SLR is a banking reserve requirement.

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