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| 1. |
What is the method adopted by world Bank to measure development of countries |
| Answer» The World Bank or the IBRD, in its WDR (World Development Report) has classified countries into three categories based on PCI :- 1) Rich income country = PCI > US $12056.2) Low income country = PCI < US $955.3) Middle income country = PCI b/w US $955 & US $12056. | |