Question

what is the main criteria used by World bank for classifying different countries

Answer 1

criteria used by the world bank is national income and per capita income ( average income )

Answer 2

1) Per Capita Income criterion is used by the World Bank inclassifying different countries.
2)Countries with per capita income of rs.4,53,000 & above per annum are called richcountries.
3) Countries between 4,53,000& 37,000 per annum are called middle income countries.