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PASSAGE ON World Bank’s Human Capital Index
lives—is a central driver of sustainable growth and poverty reduction. More human capital is associated with higher earnings for people, higher income for countries, and stronger cohesion in societies.
The __X__ is an international metric that benchmarks the key components of human capital across economies. It was launched in 2018 as part of the Human Capital Project, a global effort to accelerate progress toward a world where all children can achieve their full potential. The new data—collected before the global onset of COVID-19—can act as a baseline to track its effects on health and education outcomes.
World Bank President David Malpass said that the coronavirus has deepened inequality globally, in addition to increasing poverty and distress. “We’re working with countries to try to protect people during the crisis and also invest in them so that we can see the recovery and lay a foundation for future inclusive growth,” he said.
The (X) includes which of the following data for 174 countries — covering 98 per cent of the world’s population, up to March 2020 to assess the countries? (2 marks)
Statements:
1. Survival
2. Health
3. Education
Only 1
Both 2 & 3
Only 3
All 1, 2 & 3
Both 1 & 3
Here’s the thing, the World Bank’s Human Capital Index (that’s X) really looks at three big categories for each country:
- Survival: Basically, are kids making it past age 5? That’s a core signal for a country’s human capital.
- Health: This covers things like healthy growth for kids and general well-being.
- Education: Are kids actually staying in school? Are they learning?
Let’s check the options:
- Only 1: Nope, survival alone isn’t enough.
- Both 2 & 3: Health and education matter, but survival is critical too.
- Only 3: Just education wouldn’t cut it.
- All 1, 2 & 3: Yes, the Index uses all three—survival, health, and education—to build a complete picture ??.
- Both 1 & 3: That leaves out health, which is crucial.
Correct Answer: Option:4, All 1, 2 & 3.
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By: Parvesh Mehta ProfileResourcesReport error
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