Which among the following bodies releases the Human Capital Index?

The correct answer is Option 2, i.e World Bank.

• The World Bank released a Human Capital Index (HCI) as part of the World Development Report.
• The HCI has been constructed for 157 countries.
• It claims to seek to measure the amount of human capital that a child born today can expect to attain by age 18.
• The HCI index values are contended to convey the productivity of the next generation of workers, compared to a benchmark of complete standard education and full health.

The HCI has three components:

• Survival, as measured by under-5 mortality rates.
• Expected years of Quality-Adjusted School which combines information on the quantity and quality of education.
• Health environment using two proxies of
  • adult survival rates and
  • the rate of stunting for children under age 5.