The Multi-dimensional Poverty Index developed by Oxford Poverty

• World Economy

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:

1. 2 and 3 only
2. 1 only
3. 1 and 3 only
4. 1, 2 and 3

Answer

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

The correct option is B.