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
Explanation
The Multi-dimensional Poverty Index (MPI) measures poverty by considering various deprivations at the household level across three dimensions: education, health, and living standards. It does not consider purchasing power parity at the national level or factors like the budget deficit and GDP growth rate. Therefore, the correct answer is (a) 1 only.