New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    Which of the following metric is not an indicator of

    growth of a nation?
    A HDI (UN Human Development Index) Correct Answer Incorrect Answer
    B HPI (Human Poverty Index) Correct Answer Incorrect Answer
    C Green GDP (Green Gross Domestic Product) Correct Answer Incorrect Answer
    D GWI (Genuine Health Indicator) Correct Answer Incorrect Answer
    E GPI (Genuine Progress indicator) Correct Answer Incorrect Answer

    Solution

    The Human Development Index (HDI) 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 The Human Poverty Index (HPI) is an indication of the standard of living in a country, developed by the United Nations (UN) to complement the Human Development Index (HDI) and was first reported as part of the Human Development Report in 1997. The Green Gross Domestic Product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Genuine progress indicator (GPI) is a metric that has been suggested to replace, or supplement, gross domestic product (GDP) as a measure of economic growth.

    Practice Next