Which of the following is a statistical tool that measures a country’s overall achievement in terms of health, education and income?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Human development index.
- The HDI is a summary composite measure of a country's average achievements in three basic aspects of human development: health, knowledge and standard of living.
- The HDI is used to capture the attention of policy-makers, the media and nongovernmental organizations, and to change the focus from the usual economic statistics to human outcomes.
- The HDI is also used to highlight differences within countries, between provinces or states, and across genders, ethnicities and other socioeconomic groupings.