Concept:
• Descending order means arranging values from the highest to the lowest.
• While solving such questions, first note the HDI value of every country and then arrange them accordingly.
• Countries with higher HDI have better achievements in health, education and standard of living.
Step 1: Write the HDI values from the table
\[
\begin{aligned}
\text{Sweden} &= 0.952
\text{Singapore} &= 0.949
\text{Mauritius} &= 0.796
\text{Venezuela} &= 0.699
\end{aligned}
\]
Step 2: Arrange from highest to lowest
Comparing the values,
\[
0.952>0.949>0.796>0.699
\]
Therefore,
\[
\boxed{\text{Sweden}>\text{Singapore}>\text{Mauritius}>\text{Venezuela}}
\]
Step 3: Convert into Roman numerals
\[
\begin{aligned}
\text{Sweden} &= III
\text{Singapore} &= II
\text{Mauritius} &= I
\text{Venezuela} &= IV
\end{aligned}
\]
Hence,
\[
\boxed{III,\ II,\ I,\ IV}
\]
which corresponds to Option (C).
Step 4: Choose the correct option
Therefore,
\[
\boxed{\text{Correct Answer = (C) III,\ II,\ I,\ IV}}
\]