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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.


A
1,2 and 3
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B
2 and 3
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C
Only 2
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D
Only 1
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Solution

The correct option is D Only 1
The multi-dimensional poverty index (MPI) bases its estimation on education (years of schooling and attendance in schools), health (child mortality and nutrition) and standard of living (electricity, sanitation, drinking water, flooring of the house, cooking fuel and asset ownership). Equal weights are assignments to the three lead factors such that the weights are proportionaltely split among the sub-factors.

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