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With reference to the Global Multidimensional Poverty Index, consider the following statements:
- It is developed by the United Nations Development Programme and the Oxford Poverty and Human Development Initiative.
- It consider standard of living as one of the parameter to assess the poverty.
Which of the statements given above is/are correct?
- a)1 Only
- b)2 Only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
With reference to the Global Multidimensional Poverty Index, consider ...
The correct answer is option 'C' - Both 1 and 2.
Explanation:
The Global Multidimensional Poverty Index (MPI) is indeed developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI), so statement 1 is correct.
The MPI is a measure of poverty that goes beyond income-based indicators. It takes into account various dimensions of poverty, including education, health, and standard of living. So statement 2 is also correct.
Let's discuss each statement in detail:
1. It is developed by the United Nations Development Programme and the Oxford Poverty and Human Development Initiative:
- The United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) are the two organizations responsible for developing the Global Multidimensional Poverty Index (MPI).
- The UNDP is a UN agency that works towards eradicating poverty and inequality globally. It provides support to countries in achieving sustainable development and human rights.
- The OPHI is a research center based at the University of Oxford. It focuses on multidimensional poverty measurement and analysis, aiming to provide policymakers with better tools to tackle poverty.
2. It considers the standard of living as one of the parameters to assess poverty:
- The Global MPI considers multiple dimensions of poverty, including education, health, and standard of living.
- Standard of living is an important parameter as it reflects the material conditions necessary for a decent life, such as access to clean water, sanitation, electricity, housing, and assets.
- By including standard of living in the measurement, the MPI provides a more comprehensive understanding of poverty beyond just income-based indicators.
In conclusion, both statements are correct. The Global Multidimensional Poverty Index is indeed developed by the UNDP and the OPHI, and it considers the standard of living as one of the parameters to assess poverty. The MPI provides a more holistic and multidimensional perspective on poverty, helping policymakers and researchers gain insights into the various dimensions of poverty and develop targeted interventions.
Explanation:
The Global Multidimensional Poverty Index (MPI) is indeed developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI), so statement 1 is correct.
The MPI is a measure of poverty that goes beyond income-based indicators. It takes into account various dimensions of poverty, including education, health, and standard of living. So statement 2 is also correct.
Let's discuss each statement in detail:
1. It is developed by the United Nations Development Programme and the Oxford Poverty and Human Development Initiative:
- The United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) are the two organizations responsible for developing the Global Multidimensional Poverty Index (MPI).
- The UNDP is a UN agency that works towards eradicating poverty and inequality globally. It provides support to countries in achieving sustainable development and human rights.
- The OPHI is a research center based at the University of Oxford. It focuses on multidimensional poverty measurement and analysis, aiming to provide policymakers with better tools to tackle poverty.
2. It considers the standard of living as one of the parameters to assess poverty:
- The Global MPI considers multiple dimensions of poverty, including education, health, and standard of living.
- Standard of living is an important parameter as it reflects the material conditions necessary for a decent life, such as access to clean water, sanitation, electricity, housing, and assets.
- By including standard of living in the measurement, the MPI provides a more comprehensive understanding of poverty beyond just income-based indicators.
In conclusion, both statements are correct. The Global Multidimensional Poverty Index is indeed developed by the UNDP and the OPHI, and it considers the standard of living as one of the parameters to assess poverty. The MPI provides a more holistic and multidimensional perspective on poverty, helping policymakers and researchers gain insights into the various dimensions of poverty and develop targeted interventions.
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With reference to the Global Multidimensional Poverty Index, consider ...
Recently, the Global Multidimensional Poverty Index (MPI) report highlighted that a total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021.
Key Findings:
- It said that 25 countries, including India, successfully halved their global MPI values within 15 years, showing that rapid progress is attainable.
- The report noted that deprivation in all indicators declined in India.
- The poorest States and groups, including children and people in disadvantaged caste groups, had the fastest absolute progress.
- In India those people who are multidimensionally poor and deprived under the nutrition indicator have declined.
- Children under the age of 18 account for half of MPI-poor people (566 million).
- The poverty rate among children is 27.7%, while among adults, it is 13.4%.
- Countries halved their MPI in periods as short as four to 12 years.
Key facts about Global Multidimensional Poverty Index
- It was developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).
- It was first launched in 2010.
- It constructs a deprivation profile of each household and person through 10 indicators spanning health, education and standard of living and includes both incidence as well as intensity of poverty.
Hence both statements are correct.
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With reference to the Global Multidimensional Poverty Index, consider the following statements: It is developed by the United Nations Development Programme and the Oxford Poverty and Human Development Initiative. It consider standard of living as one of the parameter to assess the poverty.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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