alleryApart from per capita income, which indicator is used in the Human Development Index?
ANumber of factories
BNumber of registered vehicles
CLiteracy rate and life expectancy
DForeign exchange reserves
Answer & Solution
Correct answer: C. Literacy rate and life expectancy
1. HDI uses life expectancy, education (literacy / years of schooling), and income per capita.
2. These capture quality of life beyond pure income.
3. HDI is published by the UNDP.
_Source: syllabus Understanding Economic Development, Ch 1 "Development"_
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