With reference to real per capita income which of the following statements is correct?
A. the GNH and the HDI are the same
B. In HDI, the real per capita income is taken into consideration but not in GNH
C. In GNH, the real per capita income is taken into consideration but not in HDI
D. The real per capita income is neither considered into HDI nor into GNH
Answer:A
With reference to real per capita income which of the following statements is correct?
A. the GNH and the HDI are the same B. In HDI, the real per capita income is taken into consideration but not in GNH C. In GNH, the real per capita income is taken into consideration but not in HDI D. The real per capita income is neither considered into HDI nor into GNH
Explanation: At the level of real per capita income, the GNH and the HDI are the same. Though the HDI is silent on the issue of ‘good governance’, today it should be considered as being promoted around the world once the World Bank came with its report on it in 1995 and enforced it upon the member states. The basic difference between the GNH and the HDI looks at the level of assimilating the ethical and spiritual aspects into our (UNDP’s) idea of development.