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In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number?
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In World Development Reports 2019, the World Bank. Countries with per ...
World Development Reports 2019 - World Bank Classification
The World Development Reports 2019 published by the World Bank provide a comprehensive analysis of global economic development. These reports include various classifications based on per capita income levels to categorize countries into different income groups. However, it is important to verify the accuracy of the data mentioned in the New 10th NCERT textbook, as it may vary over time.
Classification of Income Groups
1. High-Income Countries: According to the World Bank, countries with a per capita income of US$ 49,300 per annum and above are classified as high-income countries. These nations typically have well-developed economies and a high standard of living.
2. Low-Income Countries: The World Bank classifies countries with a per capita income of US$ 2,500 or less as low-income countries. These nations often face significant economic challenges and have lower standards of living compared to high-income countries.
3. Low Middle-Income Countries: India falls into the category of low middle-income countries, as mentioned in the New 10th NCERT textbook. The textbook states that India's per capita income is US$ 6,700 per annum. However, it is essential to cross-verify this information with the latest data from the World Bank website.
Verification of Data
To ensure the accuracy of the information, it is necessary to refer to the World Bank website for the most up-to-date data. The World Bank regularly updates its database with the latest economic indicators and income classifications.
Upon visiting the World Bank website, you can access the World Development Indicators section, where you will find the most recent data on per capita income for countries worldwide.
Conclusion
While the information provided in the New 10th NCERT textbook may have been accurate at the time of its publication, it is crucial to verify the data using reliable sources such as the World Bank website. As the economic landscape evolves, income classifications may change, and it is essential to stay updated with the latest information.
The World Development Reports 2019 published by the World Bank provide a comprehensive analysis of global economic development. These reports include various classifications based on per capita income levels to categorize countries into different income groups. However, it is important to verify the accuracy of the data mentioned in the New 10th NCERT textbook, as it may vary over time.
Classification of Income Groups
1. High-Income Countries: According to the World Bank, countries with a per capita income of US$ 49,300 per annum and above are classified as high-income countries. These nations typically have well-developed economies and a high standard of living.
2. Low-Income Countries: The World Bank classifies countries with a per capita income of US$ 2,500 or less as low-income countries. These nations often face significant economic challenges and have lower standards of living compared to high-income countries.
3. Low Middle-Income Countries: India falls into the category of low middle-income countries, as mentioned in the New 10th NCERT textbook. The textbook states that India's per capita income is US$ 6,700 per annum. However, it is essential to cross-verify this information with the latest data from the World Bank website.
Verification of Data
To ensure the accuracy of the information, it is necessary to refer to the World Bank website for the most up-to-date data. The World Bank regularly updates its database with the latest economic indicators and income classifications.
Upon visiting the World Bank website, you can access the World Development Indicators section, where you will find the most recent data on per capita income for countries worldwide.
Conclusion
While the information provided in the New 10th NCERT textbook may have been accurate at the time of its publication, it is crucial to verify the data using reliable sources such as the World Bank website. As the economic landscape evolves, income classifications may change, and it is essential to stay updated with the latest information.
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In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number?
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In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number?.
In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In World Development Reports 2019, the World Bank. Countries with per capita income of US$ 49,300 per annum and above called high income and those with US$ 2500 or less are called low-income countries. India comes in the category of low middle income countries US$ 6700 per annum. This is the data given in New 10th NCERT is this data correct? Because I searched in the World Bank website and it shows different number?.
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