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According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?
[2010 (T-1)]
- a)Rs 24,000 per annum
- b)Rs 37,000 per annum
- c)Rs 4,53,000 per annum
- d)Rs 5,43,000 per annum
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
According to the World Development Report a country is considered rich...
The World bank says that countries with per capita income of ₹453000 per annum and above in 2004 are called rich countries and those with per capita income of ₹37,000 are called low income countries.India comes in the category of low income countries because its per capita income in 2004 was just ₹ 28000 per annum, rich countries including the countries of middle east and another small countries are generally called developed countries.
Hence option 'C' is the correct answer.
Hence option 'C' is the correct answer.
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According to the World Development Report a country is considered rich...
Per Capita Income for Rich Countries
According to the World Development Report, a country is considered rich when its per capita income is more than Rs 4,53,000 per annum. Let us understand this in detail:
Per Capita Income:
- Per capita income is the total income of a country divided by its population.
- It is a measure of the average income earned per person in a country.
- It is calculated by dividing the Gross Domestic Product (GDP) of a country by its population.
World Development Report:
- The World Development Report is an annual publication of the World Bank.
- It provides a comprehensive analysis of the economic, social, and environmental factors affecting development in countries around the world.
Rich Countries:
- A rich country is one that has a high per capita income.
- It indicates that the country is economically developed, has a high standard of living, and a strong economy.
- The World Development Report considers a per capita income of more than Rs 4,53,000 per annum as the benchmark for a country to be considered rich.
Conclusion:
- In summary, a country is considered rich when its per capita income is more than Rs 4,53,000 per annum, as per the World Development Report.
- This indicates that the country is economically developed, has a high standard of living, and a strong economy.
According to the World Development Report, a country is considered rich when its per capita income is more than Rs 4,53,000 per annum. Let us understand this in detail:
Per Capita Income:
- Per capita income is the total income of a country divided by its population.
- It is a measure of the average income earned per person in a country.
- It is calculated by dividing the Gross Domestic Product (GDP) of a country by its population.
World Development Report:
- The World Development Report is an annual publication of the World Bank.
- It provides a comprehensive analysis of the economic, social, and environmental factors affecting development in countries around the world.
Rich Countries:
- A rich country is one that has a high per capita income.
- It indicates that the country is economically developed, has a high standard of living, and a strong economy.
- The World Development Report considers a per capita income of more than Rs 4,53,000 per annum as the benchmark for a country to be considered rich.
Conclusion:
- In summary, a country is considered rich when its per capita income is more than Rs 4,53,000 per annum, as per the World Development Report.
- This indicates that the country is economically developed, has a high standard of living, and a strong economy.
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According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer?.
According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer?.
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According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of According to the World Development Report a country is considered rich when the percapita income is more than which of the following figures?[2010 (T-1)]a)Rs 24,000 per annumb)Rs 37,000 per annumc)Rs 4,53,000 per annumd)Rs 5,43,000 per annumCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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