Which of the following indicators is the best to assess the living standard of people?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. Physical quality of life index.
The Physical Quality of Life Index provides a comprehensive measure of the basic living standards and human development within a population.
It considers not only health outcomes but also educational attainment, both of which are essential components of overall well-being and quality of life.