1998 General Studies, all questions
UPSC Prelims 1998 · General Studies
Question 68: Economy and Social Development
According to the World Development Report, low-income economies are those for which the per capita GNP in 1994 was
aUS $ 925 or less
bUS $ 825 or less
cUS $ 725 or less
dUS $ 525 or less
AnswerThe answer is (c).
The World Development Report 1996 classified economies by per capita GNP in 1994: low-income economies were those with $725 or less, lower-middle-income between $726 and $2,895, upper-middle-income between $2,896 and $8,955, and high-income $8,956 or more. The World Bank revises these cut-offs each year, so learn them along with the report year.
Why each option is right or wrong
- (a) $925 is above the 1994 low-income limit.
- (b) $825 is above the 1994 low-income limit.
- (c) Right: $725 or less.
- (d) $525 is below the limit used.
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 1998, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.