Question

UNDP prepares

A.

Human Development Index

B.

Standard of Living Index

C.

Index Number of Price Level

D.

Physical Quality Index

Correct option is A

The correct answer is (A) Human Development Index


Explanation:

The United Nations Development Programme (UNDP) prepares the Human Development Index (HDI), which is a composite index used to measure and rank countries based on their level of human development. HDI considers factors such as life expectancy, education, and per capita income to assess the well-being and standard of living in a country.

Information Booster:

  1. Human Development Index (HDI): The HDI is designed to capture the broader aspects of human development beyond just economic factors, emphasizing well-being and quality of life.

  2. Components of HDI: It includes three key dimensions: health (life expectancy), education (mean years of schooling and expected years of schooling), and standard of living (GNI per capita).

  3. Global Comparison: HDI is used to compare the development levels of different countries and regions, helping to identify disparities and inform policy decisions.

Index

Prepared By

Purpose

Human Development Index (HDI)

UNDP (United Nations Development Programme)

Measures a country's average achievements in health, education, and income.

Global Hunger Index (GHI)

Concern Worldwide and Welthungerhilfe

Tracks hunger levels and measures progress in addressing hunger worldwide.

World Happiness Report

United Nations Sustainable Development Solutions Network (SDSN)

Ranks countries based on factors like GDP per capita, social support, and life expectancy.

Human Poverty Index (HPI)

UNDP

Measures the level of deprivation in health, education, and standard of living.

Global Innovation Index (GII)

WIPO (World Intellectual Property Organization)

Ranks countries based on their innovation capabilities and results.


Additional Information:

  • Standard of Living Index: This is not a specific index prepared by the UNDP, though the standard of living is indirectly considered within HDI through income measures.

  • Index Number of Price Level: This relates to price level comparisons and inflation, not human development.

  • Physical Quality Index: This was an early attempt to measure quality of life, but it is not the index used by the UNDP.

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