Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 206)
206.
Which country was upgraded from an upper-middle-income to a high-income country by the World Bank?
India
Russia
China
Kazakhstan
Answer: Option
Explanation:
Russia has been upgraded from an upper-middle-income to a high-income country by the World Bank, despite ongoing Western sanctions. This economic milestone reflects Russia's development and economic growth, positioning it in the category of high-income nations according to World Bank classifications. The upgrade signifies significant economic progress for Russia, marking a shift in its global economic standing and potential implications for international economic relations and policies.
Discussion:
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