Question

what is the main criteria used by World bank for classifying country and sight its limitation​

Answer 1

the average income of the country is used by the world bank to classify countries

Answer 2

world Bank uses average income for classifying countries. countries with per capita income US$12736 per annum and above are called rich countries and those with per capita income of US$1045 or less are called low income countries.India comes in the category of low middle income countries.