Economics · Poverty Indices
With reference to the 'Multidimensional Poverty Index' (MPI), which of the following statements is/are correct? 1. It was developed and introduced in 2010 by the Oxford Poverty and Human Development Initiative (OPHI) and UNDP. 2. It measures extreme poverty solely by including those living on less than one dollar per day. Select the correct answer using the code given below:
- 1Only 1✓
- 2Both 1 and 2
- 3Neither 1 nor 2
- 4Only 2
Correct answer
Only 1
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