Assertion: Different persons can have different developmental goals.
Reason: World Bank classify countries on the basis of per capita income
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Development of a country can generally be determined by its:
Which one of the following statements is correct about comparing countries?
Assertion: For comparing countries, total income is not a useful measure.
Reason: Different countries have different population
Different persons could have different as well as conflicting notions of a country’s development. A fair and just path for all should be achieved. Interpret the concept being discussed here.
As per World Development Reports brought by the World Bank, which of the following per capita income per annum in 2017 is those of the rich countries?
Assertion: World Bank has classified countries into rich and low income based on per capita income.
Reason: Per capita income is the only attribute to measure the level of development for a nation or a state