Normal 0 MicrosoftInternetExplorer4 The Multi Dimensaional Poverty Index developed by Oxford Povert...........

Economic and Social Issues Growth and development

The Multi-Dimensaional 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.

1 only

2 and 3 only

1 and 3 only

1, 2 and 3

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Explanation:

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The Global Multidimensional Poverty Index (MPI) was developed in 2010 by the Oxford Poverty & Human Development Initiative (OPHI) and the United Nations Development Programme.^[1] and uses different factors to determine poverty beyond income-based lists. It replaced the previous Human Poverty Index

It complements traditional income-based poverty measures by capturing the severe deprivations that each person faces at the same time with respect to education, health and living standards.