Which of the following is NOT a component of the Human Development Index? MCQ with Answer and Explanation

Which of the following is NOT a component of the Human Development Index?
A. Per capita income
B. Education
C. Life expectancy at birth
D. Gender equality
Answer: Option D
Solution (By JKSSB Mock Tests)
HDI has three dimensions: health (life expectancy), education (mean and expected years of schooling) and standard of living (GNI per capita). Gender equality is measured by separate indices like GII.

Discuss this Question (0)

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

Practice More Economy Set 1 Questions

Question #1
The 'Laffer curve' suggests that beyond a certain tax rate, an increase in the tax rate may:
A. reduce total tax revenue
B. eliminate all tax revenue immediately
C. increase total tax revenue
D. leave revenue unchanged

Correct Answer: Option A


Explanation:
The Laffer curve suggests very high tax rates can reduce work and investment, lowering tax revenue.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on import of services is:
A. levied as IGST under reverse charge
B. 12%
C. not levied
D. 5%

Correct Answer: Option A


Explanation:
Import of services attracts IGST under reverse charge.

This question belongs to: Economy GK Economy Set 1
Question #3
Capital account convertibility means:
A. fixed exchange rate
B. free conversion of the rupee into foreign currency for capital account transactions
C. abolition of all capital controls
D. free conversion of the rupee for current account transactions only

Correct Answer: Option B


Explanation:
Capital account convertibility allows free conversion of the rupee for capital account transactions.

This question belongs to: Economy GK Economy Set 1