Which of the given nations would be middle-income developing countries (DVCs), according to the World Bank?

Question

Quizplus · Accepted Answer

The World Bank categorizes countries as low-income, lower-middle-income, upper-middle-income, and high-income based on their gross national income (GNI) per capita. Countries that fall under the category of middle-income developing countries (DVCs) are those that fall under lower-middle-income and upper-middle-income categories. According to the given image, countries D and E fall under the lower-middle-income category, while the rest fall under the low-income category. Hence, option C is the correct answer.

Which of the Given Nations Would Be Middle-Income Developing Countries