Economics · Human Development Index Concepts
Given below are two statements: Statement I: Human Development is a process of enlarging people's choices. Statement II: The Human Development Index (HDI) is based on indicators including life expectancy at birth, expected years of schooling, mean years of schooling, and Gross National Income (GNI) per capita at PPP $. In light of the above statements, choose the correct answer:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement I and Statement II are correct✓
- 2Statement I is correct but Statement II is incorrect
- 3Statement I is incorrect but Statement II is correct
- 4Both Statement I and Statement II are incorrect
Correct answer
Both Statement I and Statement II are correct
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