China is considered a Middle-Income Country (MIC) as its economic development has propelled it to become one of the world's largest economies. China's per capita income is above that of Low-Income Countries (LICs) but still below that of High-Income Countries (HICs).
No, it is not. India is the 89th (previously 92nd) most corrupt country in the World. I can agree that the corruption rate has increased, but I can never agree that India is the most corrupt country in the World.
The United States is the country among the United States, Mexico, and India that requires its citizens to recite a pledge of allegiance.
Programs such as TRIO programs, Upward Bound, and College Bound provide college preparation resources, mentorship, tutoring, and guidance for low-income teenagers to help them navigate the college admissions process. These programs typically offer academic support, test preparation, college visits, and assistance with financial aid applications to help low-income students successfully transition to college.
India is the world's largest democracy in terms of population, with over 1.3 billion people.
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.
yes
hit the lottery
This is because India is still a developing country.
Greece has a high-income economy compared to India which has a low income ecoonomy according to this site: http://faculty.philau.edu/RussowL/lists.html
No it has the 4th largest Economy in the world.The Mumbai Skyscrapers and the New Delhi Airport, Metro,Roads and stadiums also tells us a part of the story!India has economy of $1.72 Trillion.So it will be a very developed country soon!
Afghanistan is a LIC (Low Income Country).
It Depends in which country the person makes this income. For UK it is 20% of income. But this vary from country to country and depends upon country`s legislatives. Is some countries it is quite low 8-10% of personal income.
Yes, India is classified as a middle-income country by the World Bank. It has a diverse economy with significant agricultural, industrial, and service sectors. Despite its status, India faces challenges such as income inequality and poverty, which affect its overall development. The country's economic growth has been robust, but disparities remain a key issue.
LIC - Less industrialized country
Norway has a high GDP and is not a low income country at all. Norway ranks in the top 10 of every positive economic indicator used to measure prosperity.
'A Country is poor because it is poor' Example-low income-low demand-low investment in goods-low productivity-low income.. this the vicious circle of poverty..........