Question

What are the main criteria used by world Bank? What are the limitations if these criteria

Answer 1

The criterion used is per capita income.
Limitations.
(a) It covers only the economic aspect ignoring factors like infant mortality rate, literacy rate, no attendance ratio

Answer 2

Answer:

> The criteria of world Bank are-

1.- The criteria of the world bank are the per capita income or the average income of the year.

2.- The second criteria is that the country with dollar 12736 or above are called rich countries.

3.- The third criteria is that the country with dollar 1045 or less than are called poor countries.

4.- India has dollar 1978 per annum so it comes in middle poor countries.

>The limitations of the criteria of world Bank are-

1.- lt do not includes the economic aspects of the life.

2.- lt divide the countries in to rich and poor.

3.- lt do not consider the other important aspects of life that is literacy rate.

4.- lt is a narrow concept of development.

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