CURRENT AFFAIRS

Detailed explanation-1: -Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock.

Detailed explanation-2: -India’s economy is forecast to grow by 7% this year, making it the 5th largest in the world, the International Monetary Fund (IMF) says. It was the world’s 11th largest economy a decade ago. The IMF sees India having the world’s 4th highest GDP by 2027.

Detailed explanation-3: -The 5 largest economies in the world, which include the US, China, Japan, Germany, and India, make up half the world’s GDP.

Detailed explanation-4: -India progressed rapidly and became the world’s fifth-largest economy, and achieved the unbelievable record of 220 crore vaccines and crossed the USD 400 billion mark in exports, ” PM Modi said in the 96th edition of Mann Ki Baat, a monthly radio programme of the Prime Minister.

Detailed explanation-5: -7. France. France is the seventh largest economy in the world and has a nominal GDP of 3.086 trillion dollars and contributes 2.80% of the world’s GDP share.