4. Which countries, As per the world bank report 2017, are called rich countries? 1
a) Countries with per capita income of US$ 12,056 per annum and above
b) Countries with per capita income of US$ 1,820 per annum and above
c) Countries with per capita income of US$ 920per annum and above
d) None of the above
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Explanation:
(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.
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Answer:
True as it is clearly stated in NCERT.
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