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Features of Developing Economies

When did the ...

Question

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

A

1994

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B

1998

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C

2004

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D

2008

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Solution

The correct option is C 2004
In 2004, the World Bank released a development report that categorised the countries having a per capita income of less than $735 as developing economies.

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