Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

Multiple choice economics parameters (indicators) of development human development and human development index (hdi) hdi dynamic of human development

State whether the following statements are True/False.
High PCI is the only indicator of economic development.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Per Capita Income (PCI) is a narrow metric that does not account for income distribution, health, or education. Economic development is a multidimensional concept requiring multiple indicators.

Multiple choice economics parameters (indicators) of development human development and human development index (hdi) hdi dynamic of human development

High human development group includes the countries with a HDI value of _______.

  1. 0.8 and above

  2. 0.5 and above

  3. less than 0.5

  4. same as above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

According to the Human Development Report classification, countries with an HDI value of 0.8 and above are categorized as having very high human development.

Multiple choice economics parameters (indicators) of development human development and human development index (hdi) hdi dynamic of human development

As per Human Development Report 2011 Indias HDI index in 2011 was _______.

  1. 0.621

  2. 0.609

  3. 0.581

  4. 0.6991
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

As per Human Development Report 2011 India's HDI index in 2011 was 0.581.India ranks 134 out of 187 countries in terms of HDI index per HDR Report 2011. HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.

Multiple choice economics parameters (indicators) of development human development and human development index (hdi) hdi dynamic of human development

Which of these is/are not component of HDI index?

  1. Knowledge

  2. Longevity

  3. Income

  4. Health
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Health is not a component of HDI Index..
HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.
Multiple choice economics parameters (indicators) of development human development and human development index (hdi) hdi dynamic of human development

For measuring human well-being which of this index is used?

  1. Retail price index.

  2. Gini index.

  3. HDI.

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

For measuring human well-being, HDI( Human Development index ) is used.HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.