Question

In what respect is the criterion used by the UNDP for measuring development different from the one used by the world bank ?

Answer 1

World Bank

(a) Per capita income is the base for comparison.

(b) It is a narrow concept of development.

(c) Countries have been divided into three categories, i.e., the rich countries, the middle income countries and the poor countries.

UNDP

(a) UNDP has taken education, health and the per capita income as the base.

(b) It is a broader concept of development,

(c) Countries have been ranked.

Answer 2

UNDP used the criteria which involves
Literacy rate
Life Expectancy rate
per capita income

these 3 indicators were used as the development of the country not only depends upon the income levels of a person but also it's health and level of literacy as a healthy person lives more happily and this helps them to earn more and a more skilled person is likely to get a good job with high pay finally having a comfortable and quality life overall leading to nation's development