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Question

Q . In what respects in the criterion used by the UNDPfor measuring development different from the one used by the world bank?

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Solution

WorldBank
  1. per capita income is the base of comparison
  2. it is a narrow concept of development
  3. countries have been divided into 3 catogories- the rich countries,the middle income countries and the poor countries
UNDP
  1. UNDP has taken education,health and the per capita income as the base
  2. it is a broader concept of a development
  3. countries have been ranked

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