Economics · Poverty Measurement
With reference to poverty measurement and policy discourse in India, consider the following statements: 1. The Multidimensional Poverty Index (MPI) captures deprivations related to health, education, and standard of living. 2. Consumption-based poverty measures are fully sufficient to capture welfare losses arising from informality. 3. MPI-based assessments are used to complement, not replace, traditional income or consumption-based poverty estimates. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 only
- 21 and 2 only
- 31 and 3 only✓
- 42 and 3 only
Correct answer
1 and 3 only
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