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Urgent 9) If the real GNI per capita of Country A is USD 4,960, how will the World Bank classify this country? A. Low-income country.

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9) If the real GNI per capita of Country A is USD 4,960, how will the World Bank classify this country?

A. Low-income country.

B. Low-middle-income country.

C. Upper-middle income country.

D. High-income country.

10) According to Rostows growth model, the developing countries had to follow which of the following rule in order to accelerate economic growth?

  1. Accumulation of well-trained and educated workforce.
  2. Abundant surplus labour.
  3. Mobilisation of domestic and foreign saving (including foreign aid).
  4. Undergo fundamental institutional reform.

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