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What is the monthly income of upper middle-class people in India?
Annual income 12 lacs p.a or more are qualified to be upper middle class as per prevailing inflation rate
How does Indias middle class help the country's economy?
The middle class provides a huge market for goods and services produced and sold in India so as the middle class grows, the number of poor people in India is expected to decrease.
What country is India located in?
India is a country.
What terms best describe a community of software developers who telecommute to work from a major city in India?
Middle income, high density, advanced technology.
Where is Shirdi located in India?
Shirdi is located almost 300 kilometers away from Mumbai, the capital city of Maharashtra state. It is in the middle Western section of the country of India.
Objectives of unit trust of India?
The Unit Trust of India has two main objectives. They are to encourage savings in middle and low income groups and to enable these groups to share in the industrial development of the country.
What are the factors to be fulfilled by Bangladesh to be middle income country?
There are factors that need to be fulfilled by Bangladesh to be middle income country. One of the biggest problems to be tackled is inequality on terms of income and wealth distribution.
What does MIC mean in geography?
MIC stands for "Middle-Income Country" in geography. This term is used to categorize countries based on their level of economic development, with middle-income countries falling between low-income and high-income countries. These countries typically have moderate levels of economic development and income levels.
If a country's per capita gross national income rose from 7500 to 8100 this year?
this country has remained a middle income nation
What is the monthly income of upper middle-class people in India?
Annual income 12 lacs p.a or more are qualified to be upper middle class as per prevailing inflation rate
Is Brazil a ledc or medc?
Brazil is considered a middle-income country, so it would fall into the category of a middle-income developing country (MIDC) rather than a less economically developed country (LEDC) or more economically developed country (MEDC).
Why is Sri Lanka LEDC?
Sri Lanka is not an LEDC. It is a middle income country.
What does MIC mean geography?
One important meaning is "Middle Income Country"
Is India a low income country?
India has a wide range of income levels, with a significant portion of its population living below the poverty line. While it has made progress in reducing poverty in recent years, the country still faces challenges related to income inequality and poverty.
What is the standard of living for most people in India?
In India, most people are lower middle class. It is due to low per capita income.
A country in which average income is typical for the world as a whole and in which people are as likely to live in rural area as in an urban area fit into which category?
This country would be categorized as a middle-income country with a balanced distribution of population between rural and urban areas.
What country has the highest per head income among the SAARC countries?
As of current data, the country with the highest per capita income among the SAARC countries is the Maldives.
