Multidimensional poverty index includes

Q. Multidimensional poverty index includes :
i. Health
ii. Education
iii. Living Standard
Select the correct answer from the codes given below :
Codes :

1. Only i is correct
2. Only ii and iii are correct
3. Only i and ii are correct
4. i,ii and iii are correct

Answer: i, ii and iii are correct

Multidimensional Poverty Index

The Multidimensional Poverty Index (MPI) identifies multiple deprivations at the household and individual level in health, education and standard of living. It uses micro data from household surveys, and—unlike the Inequality-adjusted Human Development Index—all the indicators needed to construct the measure must come from the same survey. Each person in a given household is classified as poor or non-poor depending on the weighted number of deprivations his or her household, and thus, he or she experiences.

The Global Multidimensional Poverty Index (MPI) was developed in 2010 by the Oxford Poverty & Human Development Initiative (OPHI) and the United Nations Development Programme and uses health, education and standard of living indicators to determine the degree of poverty experienced by a population.