12th Class Economics Human Capital Formation In India Question Bank Case Based MCQs - Human Capital Formation in India

  • question_answer
    The main reason Human Development Index (HDI) was constructed as

    A) People and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone.

    B) To explain the macroeconomic indicators of the country

    C) Both (a) and (b)

    D) None of the above

    Correct Answer: A

    Solution :

    People and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone.


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