Question
Download Solution PDFThe 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 the household level.
2. Purchasing power parity at the national level.
3. Extent of the budget deficit and GDP growth rate at the national level.
Select the correct answer using the codes given below:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 1 only.
Key Points
Multidimentional Poverty Index
- It was first developed in 2010 by Oxford Poverty and Human Development Initiative and United Nations Development Programme.
- It uses three dimensions and ten indicators which are-
- Education- Years of schooling and child enrollment
- Health - Child Morality and Nutrition Standards
- Standard of Living - Electricity, flooring, drinking water, sanitation, cooking fuel and assets.
- Hence only statement 1 is correct.
Important Points
Global Multidimensional Poverty Index 2020-
- India lifted as many as 270 million people out of multidimensional poverty between 2005-06 and 2015-16.
- The index showed that Covid19 is having serious impact on the development landscape.
- 67% of multidimensionally poor people are in middle-income countries.
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