Choose the statement as true/false:

The criterion used by the world bank is different from that of UNDP.

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True

False

answer is A.

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Detailed Solution

The above statement is True.
The criterion used by the World Bank is different from that of the UNDP. The World Bank, which is known as the world's largest development bank, uses per capita criteria to compare countries. It uses average income criteria to make comparisons among countries in order to know the development status of the country. On the other hand, the United Nations development programme uses the human development index to compare countries. It includes both materialistic and non-materialistic factors in the human development report. It is considered the most suitable method for comparing countries.

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