10 Questions
What was the rank of India by GDP (nominal) according to the International Monetary Fund (IMF)?
139th
What type of economy does India currently have?
Mixed middle-income developing social market economy
What economic policies did successive governments follow from 1947 until 1991?
Soviet model and protectionist economic policies
What event led to the adoption of broad economic liberalization in India in 1991?
Acute balance of payments crisis
What characterized the economic policies in India from independence until 1991?
Dirigism and Licence Raj
Which hydrocarbon gas is most commonly found in mixes of LPG in the United States?
Propane (C3H8)
What is the primary reason for using LPG as an aerosol propellant and refrigerant?
To reduce damage to the ozone layer
During which season do LPG mixes in the northern hemisphere contain more butane?
Summer
What are the two main grades of LPG sold in the United States?
Commercial propane and HD-5
What is LPG often referred to when specifically used as a vehicle fuel?
Autogas
Test your knowledge of the Indian economy with this quiz! Explore key facts about India's economic transition, its position in the global economy, and its per capita income ranking. Whether you're an economics enthusiast or simply curious about India's economic landscape, this quiz offers an engaging way to learn more.
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