Indias Gross Domestic Product(GDP) reach US $2.597 trillion in 2017 india outplaced which country to became the 6th largest Economy and outplaced .....

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

India‘s Gross Domestic Product(GDP) reach US $2.597 trillion in 2017 india outplaced which country to became the 6th largest Economy and outplaced ____

A	france
B	china
C	Germany
D	USA
E	None

Explanation:

Detailed explanation-1: -Paris: India has become the world’s sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017. India’s gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.

Detailed explanation-2: -“Nominal GDP or GDP at Current Prices in the year 2022-23 is estimated at ₹273.08 lakh crore, as against the Provisional Estimate of GDP for the year 2021-22 of ₹236.65 lakh crore, released on 31st May, 2022.

Detailed explanation-3: -According to the recently released report GDP Growth by country 2022, India’s GDP is the fifth largest GDP in the world. Although India is still ahead of the USA, China, Japan, and Germany.

Detailed explanation-4: -Gross Value Added (GVA): The GVA (at constant prices) is estimated at 6.1% in 2017-18 as compared to 6.6% in 2016-17. The agriculture and industry sectors are expected to grow at 2.1% and 4.4% respectively, while the service sector is estimated to grow at 8.3%.

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