The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP sup

Question

The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?
1. Deprivation of education, health, assets and services at household level
2. Purchasing power parity at national level
3. Extent of budget deficit and GDP growth rate at national level
Select the correct answer using the codes given below:

Accepted Answer

The Global Multidimensional Poverty Index MPI is based on the idea that poverty is not just about a lack of income but includes various deprivations experienced by people in their daily lives.

The index uses three equally weighted dimensions Health, Education, and Standard of Living. These are measured through 10 indicators at the household level, such as nutrition, child mortality, years of schooling, school attendance, cooking fuel, sanitation, drinking water, electricity, housing, and assets.

Statement 1 is correct because the MPI focuses specifically on these household level deprivations.

Statements 2 and 3 are incorrect because the MPI does not use macro economic indicators like Purchasing Power Parity, budget deficits, or GDP growth rates. Those are traditional income based measures, whereas the MPI is designed to capture non monetary aspects of poverty.

Therefore, the correct option is A.

Answer

1 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

1, 2 and 3

Explanation

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