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With reference to 'Multi-Dimensional Poverty Index', which of the following statements is/are correct ?
1. It was developed and introduced in 2010.
2. It measures extreme poverty and includes those living on less than one dollar per day.
Select the correct answer using the code given below :
Code :
Explanation
The Global Multidimensional Poverty Index (MPI) was developed and introduced in 2010 by the Oxford Poverty and Human Development Initiative (OPHI) and the United Nations Development Programme (UNDP) for the Human Development Report. Therefore, Statement 1 is correct.
Statement 2 is incorrect because the MPI is a non-monetary measure of poverty. It identifies multiple deprivations at the household level across three dimensions: Health, Education, and Standard of Living (using 10 indicators). The "one dollar per day" metric (currently updated to $2.15/day) is the International Poverty Line used by the World Bank to measure absolute income poverty, which is distinct from the multidimensional approach of the MPI.
SIMILAR QUESTIONS
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:
According to the National Multi-dimensional Poverty Index (MPI) constructed by the NITI Aayog, a household is considered deprived if 1. a single member of the household is identified as under-nourished 2. the body mass index of a woman member, between 15 years and 49 years of age, is below 18·5 kg/m² Select the correct answer using the code given below. (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2
The Multidimensional Poverty Index (MPI) is measured by :
Who prepares/publishes the Global Multidimensional Poverty Index (MPI) report ?
1. World Bank and International Monetary Fund (IMF)
2. Oxford Poverty and World Health Organisation (WHO)
3. Oxford Poverty and Human Development Initiative (OPHI)
4. United Nations Development Programme (UNDP)
Select the correct answer from the codes given below :