In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?

Q.5:- In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?

 

Answer:-

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.