In the context of measuring progress beyond GDP, the 'Human Development Index' combines indicators of: MCQ with Answer and Explanation

In the context of measuring progress beyond GDP, the 'Human Development Index' combines indicators of:
A. Life expectancy, education and per capita income
B. Only subjective well-being
C. Only environmental sustainability
D. Only income and inequality
Answer: Option A
Solution (By JKSSB Mock Tests)
The Human Development Index is a composite index of three basic dimensions of human development: a long and healthy life (life expectancy), knowledge (education) and a decent standard of living (GNI per capita).

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1
Moral suasion by the RBI refers to:
A. persuasion and advice to banks to follow monetary policy objectives
B. buying securities from banks
C. raising reserve requirements
D. legal penalties on banks

Correct Answer: Option A


Explanation:
Moral suasion is a non-statutory instrument of persuasion by the RBI to influence bank behaviour.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'General Agreement on Tariffs and Trade' was replaced by the WTO in which year?
A. 1995
B. 1993
C. 1998
D. 2001

Correct Answer: Option A


Explanation:
The WTO replaced GATT in 1995.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'GST practitioner' is a person who:
A. collects taxes
B. assists taxpayers in filing GST returns and compliance
C. audits GST revenue
D. sets GST rates

Correct Answer: Option B


Explanation:
A GST practitioner assists taxpayers in GST compliance and returns.

This question belongs to: Economy GK Economy Set 1