Civil Services Prep

Prelims 2012 · Economy · Question 32

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

Answer

1 only

1. Correct. The global MPI measures deprivations at household level in key dimensions like health, education and living standards (assets/services indicators are part of living standards).
2. Incorrect. Purchasing Power Parity (PPP) is used in income-poverty comparisons, not as a component of the MPI.
3. Incorrect. Budget deficit and GDP growth rate are macroeconomic indicators; they are not part of MPI, which is a household deprivation index.

Hence, only statement 1 is correct.

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