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UPSC 1998: According to the World Development Report, low-income economies are those for which the per capita GNP in 1994 was
(a)US $ 925 or less
(b)US $ 825 or less
(c)US $ 725 or less
(d)US $ 525 or less
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Not attemptedCorrect Answer: (c) US $ 725 or less
World Bank/World Development Report classifications for FY-1996 (based on 1994 GNP data) defined “low-income economies” as those with a per-capita GNP of US $ 725 or less. Among the given limits, US $ 725 (option c) matches this upper cutoff; the figures of 925, 825 and 525 lie above or below the official threshold. ([rrojasdatabank.info](https://www.rrojasdatabank.info/opg9.htm?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 1998 Indian Economy question?▼
The correct answer is option (c): US $ 725 or less. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this International Institutions & Reports question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 1998, GS Paper 1, as Question 68. It falls under Indian Economy > International Institutions & Reports.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from International Institutions & Reports?▼
UPSC has asked 39 questions from International Institutions & Reports (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.