Question

what is the main criterion used by the world bank in classifying different countries​

Answer 1

Answer:

percapita income

Explanation:

The main criterion used by the World Bank in classifying different countries: Countries with per capita income of US$ 12616 per annum and above in 2012, are called rich countries and those with per capita income of US$ 1035 or less are called low-income countries.

Answer 2

Answer:

Countries with per capita income of US$ 12616 per annum and above in 2012, are called rich countries and those with per capita income of US$ 1035 or less are called low-income countries. India comes in the category of low middle income countries because its per capita income in 2012 was just US$ 1530 per annum. The rich countries, excluding countries of Middle East and certain other small countries, are generally called developed countries.

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