The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?<br/>1. Deprivation of education, health, assets and services at household level.<br/>2. Purchasing power parity at national level.<br/>3. Extent of budget deficit and GDP growth rate at national level.<br/><br/>Select the correct answer using the codes given below:

1. Correct. The global MPI measures deprivations at household level in key dimensions like health, education and living standards (assets/services indicators are part of living standards).
2. Incorrect. Purchasing Power Parity (PPP) is used in income-poverty comparisons, not as a component of the MPI.
3. Incorrect. Budget deficit and GDP growth rate are macroeconomic indicators; they are not part of MPI, which is a household deprivation index.

Hence, only statement 1 is correct.