1. What is the criterion used to classify the countries in World Development
Report brought out by the World Bank?
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Explanation:1 Answer. (i) World Bank classifies countries according to the Per Capita Income. (ii) Countries with PCI of more than US $12616 per annum and above are called rich countries. (iii) Countries with PCI less than US $1035 are called poor countries.
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World bank classifies countries according to the per capita income
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