CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country will become the third economic superpower by 2037 and a $10-trillion economy by 2035, Centre for Economics and Business Research (CEBR)?
A
Finland
B
Canada
C
Kenya
D
India
Explanation: 

Detailed explanation-1: -A new report by the Centre for Economics and Business Research (CEBR), a leading London-based consultancy, has predicted that India will become the third economic superpower by 2037 and a US$ 10 trillion economy by 2035.

Detailed explanation-2: -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-3: -The 3rd trillion was added in just 5 years in 2019. The growing momentum could see India add on average 1 trillion dollar to its economy every two years for the next 14-15 years. According to the report of the Centre for Economics and Business Research (CEBR), India will become a $ ten trillion economy by 2035.

Detailed explanation-4: -We will have the third-largest economy in the world by 2027-2028. By the time India celebrates 100 years of independence in 2047, its economy will grow to US$ 30-35 trillion, ‘’ said Mr. Piyush Goyal. According to the Minister, exports totalled US$ 676 billion last year.

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