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Detailed explanation-1: -i. Over the next 15 years, CEBR forecasts that India will see an improvement in its ranking in the World Economic League Table, rising from 7th place in 2021 to 3rd in 2036. ii.In 2021, India had a Purchasing power parity (PPP) adjusted GDP per capita of $7, 314, classifying it as a lower-middle-income country.

Detailed explanation-2: -India overtook the UK to become the world’s 5th largest economy in 2021. It has consolidated this position and is forecast to overtake Germany to become the world’s 4th largest economy in 2027 and to overtake Japan to become the world’s 3rd largest economy in 2032 and 2037.

Detailed explanation-3: -NEW DELHI: The Centre for Economics and Business Research (Cebr) on Monday said that India’s growth trajectory will see the country rise from fifth place on the World Economic League Table in 2022 to third in the global rankings by 2037.

Detailed explanation-4: -According to the IMF World Economic Outlook (April - 2021), GDP (nominal) per capita of India in 2021 is projected at $2, 191 at current prices. India is at 144th position out of 194 economies in terms of GDP (nominal) per capita.

Detailed explanation-5: -India has recently overtaken the UK to become the fifth largest economy in the world. What is the nominal GDP of India in 2022? India’s nominal GDP in 2022 is $3.8 trillion. According to the World Economy Ranking 2022, which are the countries with the 10 largest economies in the world?