Economics · Poverty and Human Development
Given below are two statements: Assertion (A): The Human Poverty Index-2 (HPI-2) includes long-term unemployment and income poverty relative to the median as additional dimensions, unlike HPI-1. Reason (R): HPI-2 was designed for selected OECD (developed) countries where deprivation manifests differently from the developing countries captured by HPI-1. Choose the correct answer:
- 1A is false but R is true
- 2A is true but R is false
- 3Both A and R are true, and R is the correct explanation of A✓
- 4Both A and R are true, but R is NOT the correct explanation of A
Correct answer
Both A and R are true, and R is the correct explanation of A
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