1.

Explain the meaning of HDI. Mention three components of measuring HDI.

Answer»

HDI refers to Human Development Index which is one of the criterion used by World Bank in making Human Development Report. 

Three Components of HDI:

  • Life Expectancy: It is the average expected length of life of a person at the time of birth.
  • Per Capita Income: Mean income of the people is an economic unit. It is calculated by dividing the total national income of a country by population. It is calculated in dollars for all the countries so that it can be compared.
  • Gross Enrolment Ratio for Three Levels: It means enrolment ratio for primary schools, secondary schools and higher education beyond secondary level.


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