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:

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 — UPSC Prelims 2012 Answer & Explanation

Economy2012

The Multi-dimensional Poverty Index developed by ‘Oxford Poverty and Human Development’ initiative with UNDP support covers which of the following?

Deprivation of education, health, assets and services
Purchasing power parity at national level.
Extent of budget deficit and GDP growth rate at national

level. Select the correct answer using the codes given below:

Explanation

The correct option is "1 only" because the Multi-dimensional Poverty Index (MPI) specifically assesses poverty by evaluating multiple deprivations that individuals experience in their daily lives, such as education, health, and living standards at the household level. This approach reflects a more nuanced understanding of poverty compared to solely economic indicators like GDP or purchasing power, thereby highlighting the multi-faceted nature of poverty and the need for targeted interventions. The MPI provides valuable insights into the well-being of populations, aligning with the objective of the UNDP to promote sustainable development and improve human capabilities.

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