Consider the following statements with regard to Human Development Index HDI 1 Human Development Ind...........

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Consider the following statements with regard to Human Development Index (HDI)?

1.Human Development Index (HDI) is released by UNDP.

2.HDI takes into account GDP to measure the Standard of living

3.In the South Asian region India has always fared better than others.

How many of the Statements given above is/are correct?

Only One

Only Two

All Three

None

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Explanation:

HDI is released by UNDP: This statement is correct. The Human Development Index is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. It is released by the United Nations Development Programme (UNDP).

HDI takes into account GDP to measure the standard of living: This statement is incorrect. While HDI includes indicators related to income, it specifically uses the natural logarithm of income per capita (adjusted for purchasing power parity) to represent the income dimension. It doesn't directly use Gross Domestic Product (GDP) but focuses on income per capita.

In the South Asian region, India has always fared better than others: This statement is not Correct