Tag: economics

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.

Human Development Index is an index which depicts the overall development of the economy. It helps one in knowing about the country’s progress. HDI uses various indicators to know human development.  These include life expectancy at birth, education and per-capita income.

Thus, the correct answer is A.

Population Growth refers to the increase in the number of individuals within a population. The annual growth in population occurs because of medical advances, lower mortality rates. Moreover, an increase in agricultural productivity leads to population increase. The annual growth rate of population in India is 2.2% per annum.

Thus, the correct answer is A.

Human Development Index (HDI) takes into account various key dimensions in order to reflect the country’s level of development. It uses life expectancy at birth and others to assess the health dimension. Moreover, HDI uses the logarithm of income to achieve its purpose. The updated indices of HDI are reflected in Human Development Report. HDI of India mentioned in HDR 2010 is 0.647.

The correct answer is C.

As per the census reports of Indian Census 2011, the population of India was 1,210,854,977. It constituted of 623, 724, males. Moreover, females were 586,469, 174 in number. Furthermore, the density of population was 382 persons/sq.km.

Thus, the correct answer is B.

There will be a growth in population, when the birth rate is higher than death rate. Also, the difference between birth rate and the death rate is called natural growth rate of population. Also, it can be called as the survival rate of population.

Thus, the correct answer is A.

In reference to humans, the term population density refers to the number of people per unit of area. It is usually quoted per square kilometre or square mile. However, it may include or exclude areas of water or glaciers. Commonly this might be used in the calculation for a county, city, country, another territory or the entire world.

Thus, the correct answer is B.

Human Development Index (HDI) takes into consideration various key dimensions with the purpose to reflect the country’s level of development. It takes into account life expectancy at birth and other useful factors to assess the health dimension. Moreover, HDI uses the logarithm of income to serve its purpose. India’s HDI rank in 2010 was 119.

Thus, the correct answer is C.

There are many characteristics of human development. Humans are viewed as developed when they have a good education, health, good employment opportunities, decrease in unemployment rates and gender equality etc. The educated population uses modern methods to increase the productivity of labour. Thus, human development increases the productivity of labour.

Thus, the correct answer is B.

Human development index is designed to assess a country’s level of development. However, there are three major flaws viewed in the Human Development Index. Firstly, HDI assigns weights to some factors which are equal trade-offs. However, these measurements might not always be equally valuable. 

Moreover, it tends to correlate factors which are more common in developed economies. Also, it fails to take into account factors like inequality, poverty and gender disparity. 

Thus, the correct answer is B.