The 'Multidimensional Poverty Index' was developed by: MCQ with Answer and Explanation

Question
The 'Multidimensional Poverty Index' was developed by:
A. IMF
B. UNDP and Oxford Poverty and Human Development Initiative
C. UNESCO
D. World Bank
Answer: Option B
Solution (By JKSSB Mock Tests)
MPI was developed by UNDP and the Oxford Poverty and Human Development Initiative.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
Which of the following is a feature of the 'Data-Driven Network Effects'?
A. The absence of any feedback loops
B. Network effects that are independent of data
C. The feedback loop whereby more users generate more data, which improves the service and attracts still more users
D. Only traditional network effects without data
Discuss
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Correct Answer: Option C

Explanation:
Data-driven network effects arise when additional users generate data that improve the quality of the service (e.g., through better recommendations or predictions), which in turn attracts more users, creating a self-reinforcing cycle.
This question belongs to: Economy GK Economy Set 1
Question #2
The 'National Digital Library of India' provides:
A. banking services
B. land records
C. passport services
D. digital educational resources
Discuss
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Correct Answer: Option D

Explanation:
National Digital Library of India provides digital educational resources.
This question belongs to: Economy GK Economy Set 1
Question #3
The Sensex is a stock market index of the:
A. Bombay Stock Exchange
B. Multi Commodity Exchange
C. National Stock Exchange
D. India International Exchange
Discuss
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Correct Answer: Option A

Explanation:
The Sensex is the benchmark index of the Bombay Stock Exchange (BSE).
This question belongs to: Economy GK Economy Set 1
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