Question

Consider the following statements about World Economic Outlook Report:
1. It ranks 200 countries based on per capita GDP based on purchasing power parity.
2. It is prepared by World Bank.
Which of the above statements is/are correct?

• A. 1 only
• B. 2 only
• C. 1 and 2
• D. Neither 1 nor 2

Answer 1

The correct option is A 1 only

World Economic Outlook report is prepared by the IMF. It ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP). As per the report, among BRICS countries, India has the lowest per capita GDP. The list is topped by Qatar.