INDICATORS OF GROWTH AND DEVELOPMENT — Economics STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT3 Marks
Question
List out the positive aspects of $PQLI.$
✓
Answer
Positive aspects of $PQLI:$
$PQLI$ includes factors associated with standards of human life such as like literacy, life expectancy, etc.
$PQLI$ is a better index when compared to the per capita income index.
$PQLI$ as an indicator of economic development has lesser drawbacks compared to national income and per capita income.
With $PQLI$ comparisons can be made between different countries, different groups of countries or even different states of the same country.
We can create $PQLI$ for urban-rural areas, females-males and then compare, them.
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