2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is India’s rank in the world Economic League table 2021?
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8th
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4th
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5th
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6th
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Explanation:
Detailed explanation-1: -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-2: -According to the recently released report GDP Growth by country 2022, India’s GDP is the fifth largest GDP in the world. Although India is still ahead of the USA, China, Japan, and Germany.
Detailed explanation-3: -Nominal GDP Rankings by Country United States (GDP: 20.49 trillion) China (GDP: 13.4 trillion) Japan: (GDP: 4.97 trillion) Germany: (GDP: 4.00 trillion)
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