Question: Parameters to measure it are Longevity, Literacy and Per Capita Income.
The correct answer is -
The answer to this question is the Human Development Index (HDI). The HDI is a composite index that measures a country's average achievements in three basic dimensions of human development:
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Longevity, which is measured by life expectancy at birth.
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Literacy, which is measured by the adult literacy rate (with two-thirds weight) and the combined primary, secondary, and tertiary gross enrollment ratio (with one-third weight).
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Per Capita Income, which is measured by the logarithm of gross national income (GNI) per capita in purchasing power parity (PPP) terms.