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The World Bank is a Financial Institution that uses a basic income criterion known as {fill_ regular}.

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Detailed Solution

The World Bank is a Financial Institution that uses a basic income criterion known as per capita income.
To get a better understanding of the countries in the world and to understand the pace of growth. Per capita income is the ratio of the total income of a country to its entire population. Per capita can not accurately represent the income disparities prevailing in the economy, and per capita is highly influenced by the country's people even though Per capita income is understood to be an essential criterion for understanding development and growth.

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