MCQ practice · SSC Bangladesh and Global Studies Board questions · Chapter 11: The Economic Indicators and the Nature of the Economy of Bangladesh
On the basis of per capita income, in which of the following classes does the country fall?
Think it through first, then pick an option.
- a low income country
- b lower middle income country
- c upper middle income country
- d high income country
Answer and explanation
Correct answer: d high income country
50,000 dollars is above 13,845, so it is a high income country.
Why the other options are wrong
- a low income country: Per capita income is 6,00,000 ÷ 12 = 50,000 dollars; the low income limit is 1,135 or below.
- b lower middle income country: 50,000 dollars is far above the range 1,136-4,465.
- c upper middle income country: 50,000 dollars is above the range 4,466-13,845.
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