2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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3rd
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4th
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5th
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6th
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Detailed explanation-1: -Detailed Solution. The correct answer is 5th. According to the World Population Review Report, released in February 2020, the Indian economy emerged as the world’s 5th largest economy in 2019. It overtook the United Kingdom and France.
Detailed explanation-2: -The United States and China occupy the top two ranks in the world gdp ranking 2019. The United States is the largest economy globally in nominal terms, and China is the largest in ppp terms. The next three ranks in both (nominal, ppp) ranking belong to Japan (3, 4), Germany (4, 5), and India (5, 3).
Detailed explanation-3: -Over the past 10 years the global economy has grown by over 35%. India’s share of Global GDP in 2022 was 9.3% once allowances were made for base year and informal economy size.
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.