According to the World Bank, which of the following attributes of an economy are that of a high income economy?begin{enumerate}item GDP per capita of$ 15000.item Adult literacy of more than 95% .item Top 5 countries of the World GDP wise.end{enumerate}Select the correct answer using the codes given below

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to the World Bank, which of the following attributes of an economy are that of a ‘high income’ economy?

A	Only 1
B	Only 3
C	1 and 2
D	1 and 3

Explanation:

Detailed explanation-1: -As of the 2023 fiscal year, high-income economies are those that had a GNI per capita of $13, 205 or more in 2021.

Detailed explanation-2: -The High Income designation is defined as all countries with a gross national income per capita exceeding $12, 055. Overall these countries account for 39% of Global GDP and 25% of global GDP growth in the past 10 years (2012-2022).

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