Human development versus growth – UGC NET Question

Human development interprets development as enlarging people’s capabilities and freedoms in areas such as health, education and participation, going beyond income or output alone.

Option A:
Incorrect; equating development solely with GDP ignores non-income dimensions like health, education and empowerment.

Option B:
Incorrect; stock market performance and foreign investment are narrow economic indicators, not the full range of capabilities.

Option C:
Correct; it contrasts people’s capabilities and freedoms with the income/output focus of economic growth, matching the UNDP human development approach.

Option D:
Incorrect; human development explicitly includes education and health alongside income, so excluding them contradicts the concept.