Question

In What Respects Is The Criterion Used By The Undp For Measuring Development Different Forms The One Used By Theworld Bank

Answer 1

Answer:

UNDP has taken education, health and per capita income. its a broader concept in which countries r ranked

WORLD BANK has taken only per capita income for comparison. its a narrow concept in which countries r divided into rich n poor

Answer 2

World bank only uses per capita income for measuring development while UNDP uses many other factors like infant mortality, healthcare facility education level which help in improving the quality of life and helps in making the citizens more productive. As per HDI- 2014, India's rank is 135. On the other hand, the World Bank uses per capita income as the only criterion for measuring development and classifying the countries as rich and poor. Per capita income is useful for comparison, it does not tell us how income is distributed.