Question

'Per capita income' is criterion for the development of which one of the following?

Options

• United Nations Development Programme

• World Health Organisation

• World Trade Organisation

• World Bank

Answer 1

World Bank

Explanation:

1. The World Bank classifies countries into different income groups (low-income, lower-middle-income, upper-middle-income, and high-income) based on their Gross National Income (GNI) per capita.
2. This classification helps in determining economic development and financial assistance eligibility.