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Indian Economy Quiz

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Questions and Answers

What is the current rank of India in terms of nominal GDP?

5th (correct)

2nd

10th

1st

What economic policies did successive governments in India follow from 1947 until 1991?

Soviet model and protectionist economic policies (correct)

Monetarist model and deregulation policies

Laissez-faire and free market policies

Keynesian economics and open market policies

What led to the adoption of broad economic liberalisation in India in 1991?

The increase in state intervention in the economy

The end of the Cold War and a balance of payments crisis (correct)

The rise of protectionist economic policies

The implementation of socialist economic model

What percentage of the global economy does India account for in 2022 in PPP terms?

<p>7.2%</p> Signup and view all the answers

What was the rank of India by GDP (nominal) on a per capita income basis according to the International Monetary Fund (IMF)?

<p>139th</p> Signup and view all the answers

Indian Economy Quiz

Choose a study mode

Podcast

Questions and Answers

What is the current rank of India in terms of nominal GDP?

What economic policies did successive governments in India follow from 1947 until 1991?

What led to the adoption of broad economic liberalisation in India in 1991?

What percentage of the global economy does India account for in 2022 in PPP terms?

What was the rank of India by GDP (nominal) on a per capita income basis according to the International Monetary Fund (IMF)?

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