Economics · Economy
Consider the following statements regarding the Human Development Index (HDI): 1. HDI is a composite index that accounts for life expectancy at birth, mean years of schooling, expected years of schooling, and Gross National Income per capita. 2. As per the UNDP report, India's HDI value saw a decline during the COVID-19 pandemic (2020 and 2021). 3. The HDI for India's female population has been historically lower than that for the male population. 4. The Inequality-adjusted Human Development Index (IHDI) considers inequality in the distribution of each dimension across the population. Which of the statements given above are correct?
- 12, 3, and 4 only
- 21, 3, and 4 only
- 31, 2, 3, and 4✓
- 41, 2, and 4 only
Correct answer
1, 2, 3, and 4
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