1.

Explain the World Development Report brought out by the World Bank in 2013.

Answer»

World Development Report brought out by the World Bank in 2013 classified the countries into 3 groups.

  1. Countries with per capita income of US $ 12,600 and above per annum in 2012 are called high-income countries or rich countries,
  2. Countries with a per capita income of above US $1,035 and below the US $ 12,600 per annum in 2012 are called middle-income countries.
  3. Countries with a per capita income of US $1,035 or less per annum in 2012 are called low-income countries.


Discussion

No Comment Found

Related InterviewSolutions