Question

(C) Nepal x villa
5. What is the formula for HDI :
(a) HDI = 1/2 (LEI + EAI + SLI
(b) HDI = 1/4 (LEI + EAI + SLI
(c) HDI = 1/5 (LEI + EAI + SL
(d) HDI = 1/3 (LEI + EAI + SL
Very Short Answer type questior
. State any two differences be​

Answer 1

Answer:

Human Development Index: Construction of HDI (With Example)

Article Shared by Pooja Mehta

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Human development index as an indicator of development was developed by the United Nations Development Programme (UNDP).

It has been used in Human Development Report Published since 1989.

Human development Index (HDI) is a composite criterion consisting of three indicators of development to measure the level of welfare of the people of the country:

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standard of living of the people:

real gdp per capita is considered as the indicator of the standard of living of the people. when we divide the gdp at constant price by the total population of the country, we get real gdp per capita. real gdp per capita is also known as real per capita income. higher per capita real income usually represents a higher standard living.

construction of hdi:

human development index can be constructed by first constructing the individual indices of the above three components and then taking the simple average of the indices. to construct the relevant indices, the undp first fixes the maximum and minimum values of each indicator for a particular year and then with the help of the following formula, one can arrive at the achievement level of the country concerned in respect of a particular indicator.b

3. Standard of Living of the People:

Real GDP per capita is considered as the indicator of the standard of living of the people. When we divide the GDP at constant price by the total population of the country, we get real GDP per capita. Real GDP per capita is also known as real per capita income. Higher per capita real income usually represents a higher standard living.

Construction of HDI:

Human development index can be constructed by first constructing the individual indices of the above three components and then taking the simple average of the indices. To construct the relevant indices, the UNDP first fixes the maximum and minimum values of each indicator for a particular year and then with the help of the following formula, one can arrive at the achievement level of the country concerned in respect of a particular indicator.

Answer 2

Answer is option 1
Hope it will helps I