Assertion (A): The Human Development Index can increase even if income drops.
Reason (R): Improvements in life expectancy and education can offset income decline.
Assertion (A) proposes that the Human Development Index (HDI) value can improve even if a nation's per capita income experiences a reduction.
This statement is accurate as the HDI is calculated using multiple dimensions, not just economic output.
Reason (R) explains that positive changes in life expectancy and educational attainment levels can compensate for a decrease in national income.
The HDI is built upon three fundamental dimensions:
Reason (R) provides a valid justification for Assertion (A). Significant advancements in public health systems leading to increased life expectancy or improvements in educational infrastructure and access, thereby boosting schooling years, can elevate the overall HDI score.
These improvements in non-income dimensions can offset a decline in GNI per capita. Thus, human development, as measured by the HDI, reflects broader progress in well-being beyond purely economic metrics. Both statements are true, and R correctly explains A.
Which of the following is a characteristic of human wants in terms of economics?
The problem of choice between relatively scarce commodities due to limited productive resources with the society can be illustrated with the help of a _______.
Which branch of economics deals with the depletion of natural resources stock and pollution, which are a result of rapid economic development?
Read the below statements marked as Assertion (A) and Reason (R). Mark the correct options:
Assertion (A): Human Development Index (HDI) in India improved significantly post-2010.
Reason (R): The methodology was revised globally to include inequality-adjusted Human Development Index (HDI).
Which of the following statements is correct regarding population stabilization?
An economy in which both, the private sector and the government are involved is known as a/an ______ economy.
Which of the following best describes the rate of natural increase of population?
Which indicator is used to measure the 'Knowledge' dimension of the Human Development Index?
Assertion (A) and Reason (R) are given below. Choose the correct option:
Assertion (A): Population explosion occurs when death rates decline rapidly but birth rates remain high.
Reason (R): Societal reproductive behavior changes instantly with improvements in healthcare.
Which of the following is not related to 'Empowerment of women'?
The draft for the planned economy, also known as the 'Bombay Plan' was proposed in which of the following years?
Inequalities in income are measured by which of the following?
A. Lorenz Ratio
B. Theil's Index
C. Palma Ratio
D. Deprivation Ratio
Choose the correct answer from the options given below:
What is the average literacy rate of Madhya Pradesh according to 2011 census?
Which of the following is not a constituent of Human Development Index (HDI)?