Question : Which indicator is commonly used to measure human development?
Option 1: Gross National Product (GNP)
Option 2: Human Development Index (HDI)
Option 3: Gross Domestic Product (GDP)
Option 4: Consumer Price Index (CPI)
Correct Answer: Human Development Index (HDI)
Solution : The Human Development Index (HDI) is commonly used to measure human development, as it encompasses indicators such as life expectancy, education, and income.
Question : Which of the following is not a measure of national income?
Option 1: Gross Domestic Product (GDP)
Option 2: Gross National Product (GNP)
Option 3: Net Domestic Product (NDP)
Option 3: Net National Product (NNP)
Question : Which of the following is an example of human capital measurement?
Option 2: Consumer Price Index (CPI)
Option 3: Human Development Index (HDI)
Option 4: Producer Price Index (PPI)
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