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Q113 (CDS-II/2019) International Relations & Global Affairs › Global Indices, Reports & Agreements › Global development indices Answer Verified

Which one of the following Is not a dimension of the Human Deve- lopment Index ?

Result
Your answer: —  Â·  Correct: C
Explanation

The Human Development Index (HDI), developed by the United Nations Development Programme (UNDP), is a composite measure designed to assess human development across three fundamental dimensions: a long and healthy life, knowledge, and a decent standard of living [2]. The health dimension is evaluated through life expectancy at birth [3]. The knowledge dimension is measured by combining the mean years of schooling for adults and expected years of schooling for children [2]. The standard of living is assessed using Gross National Income (GNI) per capita adjusted for purchasing power parity [2]. While financial inclusion and access to banking are recognized as drivers of economic development and may correlate with human development outcomes, they are not formal components or dimensions of the HDI calculation [4]. Therefore, access to banking and other financial provisions is the correct answer as it is not a dimension of the index.

Sources

  1. [1] Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 8: Inclusive growth and issues > 3. Human Development Index > p. 282
  2. [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 2: Economic Growth versus Economic Development > Human Development Index (HDI) > p. 25
  3. [3] https://archives.kdischool.ac.kr/bitstream/11125/60478/1/Assessing%20the%20impact%20of%20financial%20inclusion%20on%20human%20development%20index%28HDI%29%20in%20the%20MENA%20region.pdf
  4. [4] https://pmc.ncbi.nlm.nih.gov/articles/PMC9115501/
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