Question

& what is the mains critertion used!
different countries
Bank in classity
the limitations of this criterion, if any​

Answer 1

Answer:

answer please what is the mails creation use different countries Bank in class test is elimination of the creation of any it is used for the money bank plan and many different is classified the and which is the use of the countries Bank of the classified t and the limitation of the region if any used for the money in the bank many people are going to bank and it is called the answer of this question

Answer 2

Answer:

The World Development Report, 2012, brought out by the World Bank has given the following criterion in classifying countries-

Rich or High income countries- Countries with the per capita income of US $1216 per annum and above in 2012, are called rich countries.

Poor or Low income countries- The countries with the per capita income of US $1035 or less, are called low income countries.

India comes in the category of low middle income countries because its per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of Middle east and other small countries, are generally called the developed countries.

Limitations-

1. It covers only the economic aspect ignoring peace, health, environment, education, longevity ,etc.

2.This method does not give information regarding the distribution of income.

Hope it helps you !