Economics · Human Development
Which of the following statements is NOT correct regarding the formulation and structure of the Human Development Index (HDI)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The performance of each dimension of the HDI is expressed as a normalized value between 0 and 1.
- 2The first Global Human Development Report was published by the UNDP in 1990.
- 3It is a composite index computed from 5 distinct social indicators.✓
- 4Lord Meghnad Desai was associated with the development of the HDI methodology.
Correct answer
It is a composite index computed from 5 distinct social indicators.
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