Consider the following statements:

  1. The Multidimensional Poverty Index (MPI) measures poverty based on health, education, and standard of living.
  2. MPI is solely based on income levels of individuals and households.
  3. The Oxford Poverty and Human Development Initiative (OPHI) and the United Nations Development Programme (UNDP) developed the Multidimensional Poverty Index.

Which of the above statements is/are correct? 

1
Only 1 and 3 are correct
2
Only 2 and 3 are correct
3
All the statements are correct
4
Only 1 is correct

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