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Questions and Answers
What percentage of Indians pay income taxes, according to the text?
What percentage of Indians pay income taxes, according to the text?
- 2% (correct)
- 15%
- 10%
- 5%
What was the economic impact of the 2008 global financial crisis on India's GDP?
What was the economic impact of the 2008 global financial crisis on India's GDP?
- It decreased (correct)
- It remained steady
- It increased
- It remained unaffected
What is one of the key priorities for achieving sustainable economic growth in India, according to the World Bank?
What is one of the key priorities for achieving sustainable economic growth in India, according to the World Bank?
- Abolishing land and labor regulations (correct)
- Decreasing private investment
- Increasing military expenditure
- Increasing government ownership
What was the duration of the period during which India was the largest economy in the world?
What was the duration of the period during which India was the largest economy in the world?
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What was the term used to describe India's economy during the period of government ownership and protectionist policies?
What was the term used to describe India's economy during the period of government ownership and protectionist policies?
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