Economics · Development Indicators
Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R): Assertion (A): PQLI (Physical Quality of Life Index) ignores income, while HDI (Human Development Index) includes it. Reason (R): Income is considered a poor indicator of welfare in all contexts. In light of the above statements, choose the correct answer:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are true, and R is the correct explanation of A.
- 2Both A and R are true, but R is not the correct explanation of A.
- 3A is true, but R is false.✓
- 4A is false, but R is true.
Correct answer
A is true, but R is false.
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