Consider the following statements related to the Human Capital Index... – UPSC Practice Question | International Relations

Consider the following statements related to the Human Capital Index (HCI):

1. It is published by the World Bank.

2. It measures the average achievement of a country in key dimensions of human development, such as life expectancy, education, etc.

Which of the statements given above is/are correct?

International Relations Un Bank Index

Human Development Index (HDI)	Human Capital Index (HCI)
Measured by UNDP	Measured by the World Bank
The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: Along and healthy life, being knowledgeable and have a decent standard of living. Thus, it measures the present level of human development	It measures the amount of human capital that a child born today can expect to attain by age 18. Thus, it is more of a potential or future level of human development expected from investment in education and health.
3 Parameters: Life Expectancy Index: Measured by life expectancy at birth Education Index: Measured by expected years of schooling and mean years of schooling Standard of Living: Measured by per capita income	3 Parameters: Survival: Measured by under 5 mortality. Expected years of Quality-adjusted school: Measured by both quantity and quality of education Health environment: Measured by adult survival rate and rate of stunting of children under the age 5

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