Question

What criteria are used by the world Bank
to compare the development of countries in its
report? In which income group does India
located?​

Answer 1

Answer:

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.

Explanation:

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Answer 2

$\huge{\red{Solution}}$

.Economies are currently divided into four income groupings: low, lower-middle, upper-middle, and high. Income is measured using gross national income (GNI) per capita, in U.S. dollars, converted from local currency using the World Bank Atlas method.