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Q.

Which one of the following are the most important criteria to compare different countries?


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a

Per capita income

b

Population

c

Sanitation facilities

d

None of these 

answer is A.

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Detailed Solution

Per Capita income is the most important criterion in comparing different countries.
The average income or per capita income is the nation's total income divided by the sum of its population. World Development Reports, published by the World Bank, this standard is used to classify countries. Countries with a per capita income of US$ 49,300 and above are known as high-income or rich countries, and those with a per capita income of US$ 2500 or less are known as low-income countries. India falls in the category of low-middle-income countries as its per capita income was just US$ 6700 per annum. The rich countries, except the countries of the Middle East and certain other small nations, are generally known as developed countries.
 
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