Question

what criterian used by world bank to classify different countries?
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Answer 1

Answer:

Hello friend!! The main criterion used by the World bank in classifying different countries is Per capita income or Average Income. 1) According to world development report, the countries with per capita income of US$ 12, 736 per annum and above in 2013, are called rich countries.

Explanation:

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Answer 2

The criteria used by world bank to classify different countries is Per-Capita income or Average income.

Explanation:

• The world bank is the prime authority, which helps poorer countries to build capital projects and boost their income.  
• Situated in Washington DC, the bank measures the performance of the countries under the purview of Per-capita or Average income.  
• Various government projects funds are routed through the World bank. Education, Healthcare, and infrastructure are the three main categories in which India receives a maximum of its funds. Its current president is David Malpass.

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