Question

what criteria are used by the world bank to compare the development of countries in its report ? which income group does india locate?​

Answer 1

When it comes to income , the World Bank divides the world's economies into four income groups: high, upper-middle, lower-middle, and low. The income classification is based on a measure of national income per person, or GNI per capita, calculated using the Atlas method

Answer 2

Answer:

Classifying countries by income. ... When it comes to income , the World Bank divides the world's economies into four income groups: high, upper-middle, lower-middle, and low. The income classification is based on a measure of national income per person, or GNI per capita, calculated using the Atlas method....

India became a lower-middle-incomenation from low-income in the fiscal year 2009. The World Bank classifies economies based on gross nationalincome 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....

Explanation:

hope it may helps u...