MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Income Tax and Related Terms

What is the p...

Question

What is the per capita income of a low income country as per the report of the World Bank?

A

$ 995 or less

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

$ 742

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

$ 500

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

$ 1000 or more

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is
A

$1,045 or less

Low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,045 or less in 2020

Suggest Corrections

thumbs-up

5

Similar questions

Q. When did the World Bank release a development report that categorised countries based on their per capita income?

Q. According to World Development Report 2018-2019, the countries with a GNI of __________ dollars per capita and below are called low income countries.

Q. My country's per capita income is $1,345.
Where does this country fall as per the classification of countries by the World Bank?

Q. What is the per capita income level of middle-income countries as per WDR 2006?

Q. According to the World Development Report 2006, brought out by the World Bank, countries with per capita income of Rs. 4,53,000 p.a. and above are called __________________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Income Tax Structure

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Income Tax and Related Terms

Standard IX Mathematics

Join BYJU'S Learning Program

CrossIcon