CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to a report by global consultancy firm PwC, what is the position of India in the world’s largest economy rankings in 2019?
A
5th
B
7th
C
9th
D
12th
Explanation: 

Detailed explanation-1: -“India and France are likely to surpass the UK in the world’s largest economy rankings in 2019, knocking it from fifth to seventh place in the global table,” the PwC’s Global Economy Watch report said.

Detailed explanation-2: -It is the world’s fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 125th by GDP (PPP).

Detailed explanation-3: -Main findings. The size of the world economy was $133 trillion in current US dollars in 2019, compared to $120 trillion current US dollars in 2017.

Detailed explanation-4: -Just five countries make up more than half of the world’s entire GDP in 2022: the U.S., China, Japan, India, and Germany.

There is 1 question to complete.