CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country will become the third largest economy by 2037?
A
Iran
B
China
C
Indonesia
D
India
Explanation: 

Detailed explanation-1: -The Centre for Economics and Business Research (CEBR), a British consultancy, has said India will become the third-largest economy by 2037 from the current fifth spot.

Detailed explanation-2: -As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th) The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050.

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.

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