Which of the following statements is /are true in respect of human Development Index (HDI)?
Answer & explanation
Correct answer: option 3
The human development index (HDI) ranks the countries based on their performance in the key areas of health, education and access to resources. These rankings are based on a score between 0 to 1 that a country earns from its record in the key areas of human development. The closer a score is to one, the greater is the level of human development. Therefore, a score of 0.983 would be considered very high while 0.268 would mean a very low level of human development.
Access to resources is measured in terms of purchasing power (in U.S. dollars).
Access to resources is measured in terms of purchasing power (in U.S. dollars).