With reference to measurements of the dimensions of Human Development Index which of the following statement is incorrect?
A. A long and healthy life is measured by life expectancy at birth
B. No of households in a family
C. Knowledge is measured by the adult literacy rate (with two thirds weight) and the combined primary, secondary and tertiary gross enrolment ratio (with one third weight)
D. A decent standard of living is measured by GDP per capita in purchasing Power Parity (PPP) US Dollars
Answer:B
With reference to measurements of the dimensions of Human Development Index which of the following statement is incorrect?
A. A long and healthy life is measured by life expectancy at birth B. No of households in a family C. Knowledge is measured by the adult literacy rate (with two thirds weight) and the combined primary, secondary and tertiary gross enrolment ratio (with one third weight) D. A decent standard of living is measured by GDP per capita in purchasing Power Parity (PPP) US Dollars
Explanation: purpose of its construction is not to give a complete picture of human development rather to provide a measure which goes beyond the traditional measurement of development i.e. income. Therefore, HDI is a barometer for changes in human well-being and for comparing progress in different regions. Human development concept is based on the idea of development as a freedom. It is about building human capabilities - the range of things they can do and what they can be. Individual freedoms and rights matter a great deal.