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Q.

[[1]] comes in the category of low middle-income countries because its per capita income in 2017 was just US$ 1,820 per annum.


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Detailed Solution

India comes under the category of low-middle-income countries because its per capita income in 2017 was just the US $1,820 per annum.
The World Bank classifies countries into three categories based on their per capita income: rich countries, middle-income countries, and poor countries. The reason that India is in the low-middle income category is that many people in India live below the poverty line. The unemployment level is very high. Of the total population, about 28.05% of India’s population was middle class.
India's lowest per capita income was Rs. 31380/-which belongs to Bihar, and the highest was Goa.
 
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