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CSS Economics of Pakistan P-II QUESTION #1710
Question 1
According to the World Bank's income classification using GNI per capita (Atlas method), Pakistan is currently placed in which income category?
  • Low-income developing economy
  • Upper-middle-income economy
  • Lower-middle-income developing economy✔️
  • None of these
Correct Answer Explanation
The World Bank classifies Pakistan as a lower-middle-income country (LMIC). As of recent classifications, Pakistan's GNI per capita falls within the lower-middle-income range (approximately USD 1,136–4,465). It is above the low-income threshold but well below the upper-middle-income threshold. This classification affects Pakistan's access to concessional lending (IDA blend status) and its obligations under various international agreements.