The Multi-dimensional Poverty Index developed by Oxford Poverty and. Human Development Initiative with UNDP support covers which of the following? 1. Deprivation of education, health, assets and services at household level 2. Purchasing power parity at national level 3. Extent of budget deficit and GDP growth rate at national level Select the correct answer using the codes given below :

1. The Multi-dimensional Poverty Index (MPI), developed by the Oxford Poverty and Human Development Initiative (OPHI) with UNDP support, is an international measure of acute multidimensional poverty. 2. Statement 1 is correct. The MPI assesses poverty at the individual or household level by measuring multiple deprivations across three dimensions: health, education, and standard of living. The standard of living dimension includes indicators related to assets (like electricity, sanitation, drinking water, housing, cooking fuel) and services. 3. Statement 2 is incorrect. Purchasing Power Parity (PPP) is an economic metric used to compare the currencies of different countries through a 'basket of goods' approach. It operates at the national level or for international comparisons and is not a component used within the MPI framework which focuses on household level deprivations. 4. Statement 3 is incorrect. The extent of budget deficit and GDP growth rate are macroeconomic indicators measured at the national level. They reflect the overall economic health and fiscal management of a country but are not direct components of the MPI, which measures poverty based on individual/household deprivations.