CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the IER Rank, which country will emerge as the second most resilient economy in 2021?
A
Japan
B
India
C
USA
D
Russia
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is 2. India will emerge as the most resilient economy after Germany in 2021. Germany ranks first in the PHDCCI International Economic Resilience (IER) Rank followed by India and South Korea at second and third positions, respectively.

Detailed explanation-2: -In the International Economic Resilience, Indian Economy improved from 6th position in 2019 to 4th position in 2020, 3rd in 2021 and 2nd in 2022 among the top ten leading economies, said the Industry body PHDCCI.

Detailed explanation-3: -In order to determine the International Economic Resilience (IER) Rank, all the five considered leading parameters have been ranked on the basis of their performance among the top ten leading economies, said Mr.

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.

Detailed explanation-5: -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.

There is 1 question to complete.