economicsUnder which of the following parameters was India Ranked below Sri Lanka in the Human Development Index?

Under which of the following parameters was India Ranked below Sri Lanka in the Human Development Index?


  1. A
    Life expectancy
  2. B
    Per Capita Income
  3. C
    Literacy Rate
  4. D
    Both 2&3 

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    Solution:

    India ranked below Sri Lanka in terms of Literacy rate and per capita income. Human Development Index is prepared by the World Bank under which all the nations of the world are indexed or ranked according to their performance in various parameters like per capita income, life expectancy, literacy rate etc. Per capita income refers to the total income of the country divided by its total population. It is also known as the average income of the country. Life expectancy at birth refers to the number of newborn children expected to live in the prevailing conditions. The literacy rate is the percentage of the population in an area above the age of 7 that can read and write with understanding. India ranked below Sri Lanka in terms of Literacy rate and per capita income.
     
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