Question

what is the main criterion used by the world Bank in classifying different countries?
what are the limitations of this criterion?​
plzz answer fast guys it's really important

Answer 1

Answer:

Countries with per capita income of US$12236 per annum and above in 2016 are called rich countries and those with per capita income of US $1005 or less are called low - income countries.

Explanation:

India comes under the category of low middle income countries because its per capita income in 2016 was just US$1840 per annum.

Answer 2

Per capita income

Explanation:

world bank uses per capita income  in classyfying countries . those countries whose total income are above 82 lakhs are classyfied as rich countries but those countries whose total income is below 6 lakhs are classyfied as poor country . Limitations are that the per capita income fails to tell the distribution of incomes in the country. I HOPE IT HELPS YOU STAY SAFE :)