What is the main criterion used by the World Bank in classifying different

countries? What are the limitations of this criterion, if any?

1) Per Capita Income criterion is used by the World Bank in classifying different countries.

2)Countries with per capita income of rs.4,53,000 & above per annum are called rich countries.

3) Countries between 4,53,000& 37,000 per annum are called middle income countries.

4) Those countries with PCI of 37,000 or less are called low income countries.

5) While average income is useful for comparison, it does not tell us how this income is distributed among people.[LIMITATION]

HOPE DIS HELPS!!!!!!!!

  • 334

What is the main criterion used by the World Bank in classifying different

countries?vgive example
  • -15

a) per capita income

b) life expectancy

  • -19

The main criterion used by the World Bank in classifying different countries is the per capita income or average income of a person in a country.

Limitations of this criterion:

It does not tell us about how this average income is distributed among the peoplein the individual countries. Two countries with the same per capita income might be very differentwith regard toincome distribution. One might have equitable distribution of incomewhile the other might have great disparities between the rich and the poor.

  • 87
the criteria used by world bank to classify countries are:-
average income

 
  • -15
The average income ,i.e., per capita income is the main criterion used by the World Bank in classifying different countries. According to the World Development report of 2012, published by the World Bank, countries with per capita income of US $12,616 or more are termed as rich countries and countries with per capita income of US $1,035 or less are termed as low income countries. In 2012, India's per capita income was only about US $1530 per annum and it was classified as a low middle income country.
Limitations: The World Bank has taken only one criteria to classify countries. This is quite inadequate to access the real development achieved by a country. There should be some other factors such as health, educational status,etc. The method doesn't provide us the distribution of income.
  • -12
World bank use per capita income to classify countries. According to World bank Countries with per capita income of Rs4,53,000 per annum and above are called rich countries Those with per capita income of Rs37,000 or less are called low income countries Limitations: It does not tell us the distribution of this income among people.
  • -15
The main criterion used by the World Bank in classifying different countries is per capita income. Per capita income :- When total income of a country is divided by the total population, then per capita income is arrived at. Those countries whose per capita income is more than Rs. 4,53000 per year are called rich countries and those whose income is less than Rs. 37000 are called poor countries.                                                                     Limitations:- Although this method is used widely it does not give accurate picture of development. For example, in calculating income, every one is supposed to have that amount but actually large number of poor people donot have that amount. 
 
  • -14
yes
  • -15
per capita income is the main criterion used by world bank in classifying different countries.per capita income is obtained by the total income of a country ,that is ,the income of each citizen divided by the diverse population.
the limitations to this criterion are
a) it doesnt show the distribution of income among people
b)it ignores some important factors of human development such as infant mortality late ,literacy levels,healthcare,etc
 
  • 21
thanks sharvani for your answer!!
 
  • -16
THE AVERAGE INCOME AND THE EMPLOYEEMENT AND THE TAX PAYERS
  • -16
The criterion used is per capita income. Limitations: (a) It covers only the economic aspect ignoring factors like infant mortality rate, literacy rate, no attendance ratio for class I-V, etc which are important indicators for development. (b) This method also does not provide us the distribution different levels of income.
  • -17
it classified in the basis of per capita income which is dividing the gross income of the country divided by no. of people
  • -17
Per capita income is used by the world bank in classifying different countries.
  • -16
The main criterion used by the world bank in classifying different countries is average per capita income.the countries with per capita income of rupees 4,53,000 per annum and above in 2004 are considered as rich countries,whereas countries with per capita income of rupees 37,000 or less are considered as low income countries.
Limitations of this criterion,which it fails to,explain if there is an equal distribution of income.
  • -14
What is the answer of this question

  • -19
Answer this question

  • -16
question on 2013 and answer on 2017...;)
  • -16
This is ans

  • -12
The World Bank considers only the per capita income as the indicator of development. According to World Bank, countries with per capita income of US$ 12736/annum or more (as in 2013) are said to be rich/developed countries while those with US$ 1045/annum or less are said to be low income countries. 
LIMITATIONS
1. It does not tell us about how this average income is distributed among the people in the individual countries
2. Two countries with the same per capita income might be very different with regard to income distribution. One might have equitable distribution of income while the other might have great disparities between the rich and the poor. 
This answer can fetch you 3 marks
Hope U Like this Answer 
  • -13
in world development report prepared by the World bank in 2012 this Criterion is used in classifying countries-
  • countries with per capita income of US Dollar 12616 per annum and above in 2012 are called rich countries.
  • countries with per capita income of US dollar 10354 less are called low income countries.
  • India comes in the category of low middle income countries because it per capita income in 2012 was just US dollar 1530 per annum.

limitations of the criterion are as mentioned below:-
  • it doesn't tell us how this income is distributed among people. a country may have more equitable distribution.people may be neither very rich nor very poor​.
  • in another country with the same average income one person may be extremely rich while others may be very poor.so, the method of average income doesn't give correct picture of a country.
  • this system hides disparities among people.

may this answer helps you.
 
  • 20
The development goal for every peson is different as it depends on the life situation of a person. And the goals change if the situation changes. Taking an example of rich urban boy and poor boy. We can see that both have different life style and different standard of living like the rich will love to go abroad for studying and he will be wanting his own car, own house and other luxuries where as the poor boy will just hope for studying in a private school and for beeter living conditions. So this is how their development goals are different. Hope you liked it !😊
  • -16
The number of scientists have discovered that the present types and levels are not sustainable as 1.it protects the environment pollution and degradation.2. it cares for the present as well as future generation.3. it promotes an unsufficient use of natural resources.
  • -14
Per Capita Income is the main criterion used by the World Bank in classifying different countries.The limitation of this criterion are:
→ It doesn't show distribution of income.
→ It also ignores other factors such as infant mortality rate, literacy level, healthcare, etc.
  • -7
The World Development Report, 2012, brought out by the World Bank has given the following criterion in classifying countries-
Rich or High income countries- Countries with the per capita income of US $1216 per annum and above in 2012, are called rich countries.
Poor or Low income countries- The countries with the per capita income of US $1035 or less, are called low income countries.
India comes in the category of low middle income countries because its per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of Middle east and other small countries, are generally called the developed countries.
Limitations-
1. It covers only the economic aspect ignoring peace, health, environment, education, longevity ,etc.
2.This method does not give information regarding the distribution of income.
Hope it helps you !
  • 10
The World Development Report, 2012, brought out by the World Bank has given the following criterion in classifying countries-
Rich or High income countries- Countries with the per capita income of US $1216 per annum and above in 2012, are called rich countries.
Poor or Low income countries- The countries with the per capita income of US $1035 or less, are called low income countries.
India comes in the category of low middle income countries because its per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of Middle east and other small countries, are generally called the developed countries.
Limitations-
1. It covers only the economic aspect ignoring peace, health, environment, education, longevity ,etc.
2.This method does not give information regarding the distribution of income.
Hope it helps you !
  • -8
The World Development Report, 2012, brought out by the World Bank has given the following criterion in classifying countries-
Rich or High income countries- Countries with the per capita income of US $1216 per annum and above in 2012, are called rich countries.
Poor or Low income countries- The countries with the per capita income of US $1035 or less, are called low income countries.
India comes in the category of low middle income countries because its per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of Middle east and other small countries, are generally called the developed countries.
Limitations-
1. It covers only the economic aspect ignoring peace, health, environment, education, longevity ,etc.
2.This method does not give information regarding the distribution of income.
Hope it helps you !
  • -12
1) Per Capita Income criterion is used by the World Bank in classifying different countries. 2)Countries with per capita income of rs.4,53,000 & above per annum are called rich countries. 3) Countries between 4,53,000& 37,000 per annum are called middle income countries. 4) Those countries with PCI of 37,000 or less are called low income countries. 5) While average income is useful for comparison, it does not tell us how this income is distributed among people.
  • -7
The criterion used is per capita income.

Limitations


(a) It covers only the economic aspect ignoring factors like infant mortality rate, literacy rate, no attendance ratio for class I-V, etc which are important indicators for development.

(b) This method also does not provide us the distribution different levels of income
  • -7
jkk
  • -16
  • ​​the average income,i.e., per capita income is the main critertion used by the world bank in classifying different countries.
  • according t world development report 2006 ,published by the world bank, countries with per capita income of $10,066 per annum and above in 2004 are called rice or developed countries. on the other hand, countries with per capita income of $825 or less are called low-income countries.
  • -8
What so Kaia wait My
  • -8
The World Development Report, 2012, brought out by the World Bank has given the following criterion in classifying countries- Rich or High income countries- Countries with the per capita income of US $1216 per annum and above in 2012, are called rich countries. Poor or Low income countries- The countries with the per capita income of US $1035 or less, are called low income countries. India comes in the category of low middle income countries because its per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of Middle east and other small countries, are generally called the developed countries. Limitations- 1. It covers only the economic aspect ignoring peace, health, environment, education, longevity ,etc. 2.This method does not give information regarding the distribution of income. Hope it helps you !
  • -7
The World Development Report, 2012, brought out by the World Bank has given the following criterion in classifying countries-
Rich or High income countries-?Countries with the per capita income of US $1216 per annum and above in 2012, are called rich countries.
Poor or Low income countries-?The countries with the per capita income of US $1035 or less, are called low income countries.
India comes in the category of low middle income countries because its per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of Middle east and other small countries, are generally called the developed countries.
Limitations-
1. It covers only the economic aspect ignoring peace, health, environment, education, longevity ,etc.
2.This method does not give information regarding the distribution of income.
Hope it helps you !
  • -7
LIMITATIONS : It does not tell us about how this average income is distributed among the peoplein the individual countries. Two countries with the same per capita income might be very differentwith regard toincome distribution. One might have equitable distribution of incomewhile the other might have great disparities between the rich and the poor.

  • -5
According to the economy of the country.
  • -7
Hiiii
  • -6
The criteria used by the world bank is the per capita income or average income. The limits are:- ▪It avoids or neglects social inequality. ▪It hide disparities. ▪It doesn't show the real development of the cuontry. ▪It shows the same or average income of all but there are some which are earning high and which are earning less but average income don't show the equitable distribution among all the citizens.
  • -2
if the country has more than US$12736 it is considered as rich country and if it is less than US$1045 it considered as low income country
  • -6
It covers only the economic aspect ignoring factors like infant mortality rate literacy rate no attendence ration for class 1-5 etc which are important indicator for development This method also does not provide us the distribution levels of income
  • -6
main criterion used by world bank is per capita income but it hides the dispariries and icome is not distrubetd equally
  • -2
Please find this answer

  • -1
1) Per Capita Income criterion is used by the World Bank in classifying different countries.

2)Countries with per capita income of rs.4,53,000 & above per annum are called rich countries.

3) Countries between 4,53,000& 37,000 per annum are called middle income countries.

4) Those countries with PCI of 37,000 or less are called low income countries.

5) While average income is useful for comparison, it does not tell us how this income is distributed among people.[LIMITATION]

HOPE DIS HELPS!!!!!!!!
  • 1
world bank usually classifies countries on their gdp.
it does not tell us about other factors of development such as infant mortality, life expectancy, literacy rate which is also important fro development
  • -3
Please find this answer

  • 9
ugly face dear...
  • -5
Per capita income
  • 0
N44umt3j,6
  • 1
World development report 2006,brought out by the world bank. Countries with per capita income of Rupees4,53,000 per annum and above in 2004 are called rich countries and those with per capita income of rupees 37,000 or less are called low income countries. limitation of this criterion- total income is not such an useful measure. since , countries have different populations,comparing total income will not tell us what an averages person is likely to earn.
  • -1
the main Criterion used by the World Bank in classifying different countries is the criteria of income is the total income divided by total population do this criteria is used by the World Bank in classifying different countries and their limitation and delimitation is that it is parity set is the difference of income within the country
  • 1
The main criteria used by World Bank in classifying different countries is "per capita income" or "average income".
The limitations on per capita income are:
(1) Per capita income doesn't tell us anything about the distribution of income.
(2) A poor country with a more equal distribution of income would be better than a richer country with unequal distribution of income.
(3) It is also affected by size of population. Even with a large national income, per capita income will be low if the country has a large population.
  • 3
Please find this answer

  • 0
Please find this answer

  • 2
the main criteria used by the World Bank in classifying are -
(1) rich countries - countries with per capita income of us and 12236 per annum are called rich countries.
(2) low income countries - per capita income of us and 1005 or less are called low income countries.
(3) low middle income - India comes in the category of low middle income countries.

Hence while average income is useful for comparison it does not tell us how this income is distributed among people
  • 1
The main criterion used by the world Bank in classifying different countries is the average per capita income.

The limitations of this criterion is that it does not tells us about how the income has been distributed among the people of the country
  • 1
Per capita income is the main criterion used in classifying countries.
1. Countries with per capita income of US$12236 per annum and above in 2016 are called rich countries.
2. Those with per capita income of US$ 1005 and below are called low-income countries.
3. The rich countries, excluding countries of the middle east and certain otjer small countries, are generally called developed countries
  • 1
Hi, here's your answer

  • 3
The per capita income or the average income (PCI) is the main criterion used by the World Bank in classifying different countries.
Limitations
It hides the income disparities among the countries
  • 1
The main criteria used by the world Bank in classifying different countries is per capita income
Limitations are:-
1) It does not include literacy level
2) it does not include health of people
  • 1
PCI is the answer and its characteristics with limitations are given below

  • 1
Please find this answer

  • 1
Please find this answer

  • 2
Answer it
  • 0
Please find this answer

  • 2
Hey hey hou hou????????????????????
  • 0
The main criterion used by the world bank in classifying different countries is per capita income. Limitation of this criterion is it hide the disparities and it does not tell us how this income is distributed among people
  • 0
The percapita is used in world ba
  • 0
define GDP
  • 0
Per capita income is the main Criterion used by world Bank in classifying different countries. The limitation of this Criterion are :
(1) It doesn't show the distribution of income.
(2) It also ignore other factors such as infant mortality rate,literacy level, health care etc.
  • 1
Resources development is the method of utilltising our intelligence in order in improve the quality usability and utility of a resources
  • 1
Besides the size of per capita income, what other property of income is important in comparing two or more societies
  • 1
THE WORLD BANKS USES THE CRITERION OF AVERAGE INCOME IN CLASSIFYING THE COUNTRIES . ON THE OTHER HAND THE UNDP COMPARE COUNTRIES ON THE BASIS OF EDUCATIONAL LEVEL OF THE PEOPLE, HEALTH STATUS AND PER CAPITA INCOME
  • 0
It's per capita income
  • 0
Per capita income is important criteria .
1. It is useful for comparison but it doesnot show the distribution of incomes.
2. It ignores other factors like education ,freedom ,equality add.
3. It doesnot give true pictures , there is a huge population which does not earn like children and some senior citizens but they included while calculating.
  • 0
Main criterion used by world bank in classifying different countries are

1) With per capita incomr of US $10,066 or more are termed as rich income country..

2) With per capita income of US $ 825 or less are temed as low income country
  • 0
Why humans have to be healthy.
  • 0
Dhruvedh You Have 1 day
  • 0
Call me only job
  • 0
Please find this answer

  • 0
What are you looking for?