In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?
UNDP ( United Nations Development Programme) compares countries on the basis of educational level of people, their health status and per capita income per annum while the criterion used by World Bank is merely that of per capita income or average income for measuring development.
In short, Human Development criterion is used by UNDP whereas only economic development by the World Bank.
Development of a country can generally be determined by:
its per capita income
its average literacy level
health status of its people
all the above
Which of the following neighbouring countries has better performance in terms of human development than India?
Bangladesh
Sri Lanka
Nepal
Pakistan
Assume there are four families in a country. The average per capita income of these families is Rs. 5000. If the incomes of three families is Rs. 4000, Rs. 7000 and Rs. 3000 respectively, what is the income of the fourth family?
Rs. 7500
Rs. 3000
Rs. 2000
Rs. 6000
What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?
