Tag: economics

Questions Related to economics

HDI has been able shift the focus of policy-makers on the ultimate objective of development.

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

  1. True

  2. False

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Correct Option: A

HDI was devised by the United Nations Development Programme (UNDP) in 1990 in their first ____________.

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

  1. HDI Ranking Report

  2. Human Development Report

  3. UNDP Agreement

  4. none of the above

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Correct Option: B
Explanation:

Human Development Index is a measure of human development over the years which includes per capita income for evaluating the utility which people get from different products, life expectancy which measures the progress made in health and nutrition and educational levels. Human development Index was devised by the United Nations Development Program (UNDP) in 1990 in their first Human development report. 

Human development covers which of the following aspects?

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

  1. Economic aspects

  2. Social aspects

  3. Cultural aspects

  4. All of the above

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Correct Option: D

The formula to calculate human development index is:

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

  1. Human Development = $\dfrac{Actual\ value - Minimum\ value}{Maximum\ value - Minimum\ value}$

  2. Human Development = $\dfrac{Actual\ value + Minimum\ value}{Maximum\ value - Minimum\ value}$

  3. Human Development = $\dfrac{Maximum\ value - Minimum\ value}{Maximum\ value + Minimum\ value}$

  4. Human Development = $\dfrac{Actual\ value - Minimum\ value}{Actual\ value + Minimum\ value}$

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Correct Option: A

HDI takes into account ___________ variables of human development.

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

  1. three

  2. five

  3. two

  4. one

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Correct Option: A
Explanation:

Human Development Index is a measure of human development over the years which includes three aspects which are per capita income for evaluating the utility which people get from different products, life expectancy which measures the progress made in health and nutrition and educational levels. 

____________, which is used as a variable to measure knowledge aspect of HDI, is the number of years of schooling that a child of school entrance age can expect to receive.

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

  1. Mean years of education

  2. Expected years of schooling

  3. Expected level of education

  4. Expected years of education

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Correct Option: B

The knowledge aspect of HDI takes in to account ______________.

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

  1. Mean years of schooling

  2. Expected years of schooling

  3. Both A & B

  4. Neither A nor B

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Correct Option: C

Under HDI, a long and healthy life is measured by life expectancy at _________.

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

  1. the age of 5 years

  2. at the age of 1 year

  3. birth

  4. none of the above

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Correct Option: C

___________ has defined human development as, "Human development is the process of widening people's choices as well as raising the level of well-being achieved".

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

  1. Human Development Report (1992)

  2. Human Development Report (1997)

  3. Human Welfare Report (1992)

  4. Human Welfare Report (1995)

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Correct Option: B

The objective of library binding is________of the library materials.

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

  1. Proper organisation

  2. Accessibility.

  3. Durability

  4. Humidity control

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Correct Option: C