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Question

What is the main criterion used by the World Bank in classifying different countries?

A
Literacy rate
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B
Crude oil reserves
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C
Per capita income
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D
None of these
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Solution

The correct option is B Per capita income
  • Per capita income is the main criterion used by the World Bank in classifying different countries.
  • Per capita income is the total income of the country divided by the number of people in that country.

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