According to a recent world development report, Countries with a per capita income of US $12,236 per annum or more are

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Rich countries

Poor countries

Average countries

All the Above

answer is A.

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Detailed Solution

According to a recent world development report, Countries with a per capita income of US $12,236 per annum or more are rich countries.
Income is one of the most common criteria for comparing different countries. Countries are compared based on their per capita income (the total income divided by the total population). The World Development Report by the World Bank classifies countries into different categories based on their per capita income. Countries with a per capita income of US dollar 12236 per annum or more are rich countries, while countries with a per capita income of US dollar 1005 per annum are considered low-income countries.

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