Question
The World Bank classifies countries into income groups
based on Gross National Income (GNI) per capita. Which of the following is NOT one of the official categories?Solution
Explanation:  The World Bank officially divides countries into four income groups: low income, lower-middle income, upper-middle income, and high income, based on GNI per capita. The term “HNI individuals” (High Net-worth Individuals) refers to wealthy persons, not country classifications. Hence, it is not part of the World Bank’s categorization system
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