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Standard XII
Economics
Goals of Planning
What is the m...
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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