Economics • Indian EconomyHard
How does the calculation of India's Multidimensional Poverty Index published by NITI Aayog incorporate various deprivations across households?
A. By evaluating simultaneous deprivations across three equally weighted dimensions of health, education, and standard of living using ten specific indicators✓ Correct Answer
B. By measuring solely the daily caloric intake and per capita monthly household expenditure surveys
C. By assessing exclusively the unemployment rate and literacy levels across rural districts
D. By tracking the total foreign exchange remittances received by households from family members working abroad
💡 Solution & Explanation
The Multidimensional Poverty Index developed by NITI Aayog utilizes the Alkire-Foster methodology to measure simultaneous deprivations across health, education, and standard of living dimensions, broken down into ten indicators including nutrition, school attendance, sanitation, and clean cooking fuel. Caloric intake benchmarks were historically used for traditional poverty line estimations. Unemployment and literacy form partial subsets rather than comprehensive multidimensional indices. Remittances represent capital inflows rather than direct deprivations.
More Economics Indian Economy questions
- What does the 'Fiscal Deficit' in the Union Budget of India represent?
- Which of the following sectors constitutes the largest share of India's Gross Value Added (GVA) at current…
- What is the primary purpose of the 'National Infrastructure Pipeline (NIP)' introduced by the Government of…
- Which industrial sector forms the backbone of manufacturing exports and small-scale enterprise clusters in…
- What does the 'PM-KUSUM' scheme primarily seek to promote in India?