Question

Which agency prepares Human Development Index ?

• A. World Bank
• B. UNDP
• C. FAO
• D. UNCTAD

Answer 1

Answer:

B. UNDP

• The Human Development Index (HDI) is a statistical composite index prepared annually by the United Nations Development Programme (UNDP).
• It was first developed in 1990 by Pakistani economist Mahbub ul Haq and Indian Nobel laureate Amartya Sen.
• The index serves as a tool to measure a country's overall achievement in its social and economic dimensions.
• The HDI is calculated based on three fundamental dimensions of human development:
  • Long and healthy life: Measured by life expectancy at birth.
  • Knowledge: Measured by mean years of schooling for adults aged 25 years and more and expected years of schooling for children of school entering age.
  • Decent standard of living: Measured by Gross National Income (GNI) per capita.
• The values of HDI range from 0 to 1, where a higher value indicates a higher level of human development.
• The Human Development Report (HDR), which features the HDI rankings, is published by the Human Development Report Office of the UNDP.
• India is consistently ranked in the 'Medium Human Development' category in recent editions of the report.