Question
Who developed the Human Development Index (HDI) and
which organization publishes it?Solution
The Human Development Index (HDI) was developed by Pakistani economist Mahbub ul Haq and is published annually by the United Nations Development Programme (UNDP). The HDI is a statistical tool used to measure a country’s overall achievement in its social and economic dimensions, reflecting the health, education, and income of people.
External benchmark rate means the reference rate which includes:
Linear model of communication involves: -
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The approximate percentage change in a bond’s price for a 1% change in yield to maturity is given by:
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