Questions and Answers
What was the economic model followed by successive Indian governments from 1947 until 1991?
Soviet model with protectionist economic policies
What is the current rank of India in terms of per capita income based on nominal GDP?
139th
What led to the adoption of broad economic liberalisation in India in 1991?
Balance of payments crisis
What percentage of the global economy does India account for in 2022 in PPP terms?
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What were the contributing factors to the reversal of economic growth and poverty reduction in India due to COVID-19?
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