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Indian Economy Quiz
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Indian Economy Quiz

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@CleverRhinoceros

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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

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