2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pakistan
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Japan
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Sri Lanka
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China
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Detailed explanation-1: -India’s economic freedom score is 53.9, making its economy the 131st freest in the 2022 Index. India is ranked 27th among 39 countries in the Asia–Pacific region, and its overall score is below the regional and world averages.
Detailed explanation-2: -“Growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds, ” the IMF said in its World Economic Outlook Update of January 2023.
Detailed explanation-3: -We expect India to grow in the range of 6.5%–6.9% in FY 2022–23 and 5.8%–6.3% in FY 2023–24. Considering the extent of volatility associated with the global and domestic economy, we are restricting the duration of our projection to just a year ahead.
Detailed explanation-4: -According to the recently released report GDP Growth by country 2022, India’s GDP is the fifth largest GDP in the world.