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Q.

What is the per capita income of Low income countries?


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a

US $ 875

b

US $ 955

c

US $ 920

d

US $ 1000 

answer is B.

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Detailed Solution

The per capita income of low income countries is US $955. According to the World Bank, countries are classified into Rich, middle and low-income. Countries with the US $1035 are classified as middle income, and countries with US $12616 as per capita income are classified as rich income countries. This classification is done by the World Bank and then published in the World Development Report.
 
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