Question

classify countries according to per capita income in which category does India fall​

Answer 1

Explanation:

India became a lower-middle-income nation from low-income in the fiscal year 2009. The World Bank classifies economies based on gross national income per capita in US dollars, calculated using what is called the Atlas method. The Bank uses four income groups: Low – $1,025 or less, that is Rs 70,069 or less