| Which of the following statements about the Human Development Index (HDI) are correct? |
| 1. It is a comparative measure of life expectancy, literacy, education, standards of living, and quality of life for countries worldwide. |
| 2. It is a standard means of measuring well-being, especially child welfare. |
| 3. It is used to distinguish whether the country is a developed, a developing or an underdeveloped country, and also to measure the impact of economic policies on quality of life. |
| 4. The index was developed in 1990 by 3 Economists from the USA. Select the correct answer using the codes given below. |
A) 1 and 4 only
B) 2, 3 and 4 only
C) 1, 2 and 3 only
D) 1, 2, 3 and 4
Correct Answer: C
Solution :
[c] The index was developed in 1990 by Pakistani economist Mahbub ul Haq and Indian economist Amartya Sen.
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