Question

Which organisation classifies countries as rich country or low income country?

Answer 1

World bank

Explanation:

World bank is the organization which classifies the countries on different basis whether they fall under rich countries, poor countries etc.

Among all the classifications, the income classification is based on the national income of per person in that country which is termed as GNI or gross national income.

First of all the groups were divided as low income and middle income countries but latter the middle income group was further divided into two groups as lower middle and upper middle countries.

Later high income group was also categorized

Learn more about world bank from the link below

https://brainly.in/question/9328967

Answer 2

World bank is the organization which classifies the countries on different basis whether they fall under rich countries, poor countries etc. Among all the classifications, the income classification is based on the national income of per person in that country which is termed as GNI or gross national income.