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Questions and Answers
What is India's rank by nominal GDP according to the International Monetary Fund (IMF)?
What is India's rank by nominal GDP according to the International Monetary Fund (IMF)?
- 5th (correct)
- 3rd
- 10th
- 1st
What led to the adoption of broad economic liberalization in India in 1991?
What led to the adoption of broad economic liberalization in India in 1991?
- Foreign investment boom
- Acute balance of payments crisis (correct)
- Surplus in the trade balance
- Rapid economic growth
What economic policies were promoted by successive Indian governments from 1947 to 1991?
What economic policies were promoted by successive Indian governments from 1947 to 1991?
- Mixed economy policies
- Free market economic policies
- Socialist economic policies
- Protectionist economic policies (correct)
What was the nature of the Indian subcontinent's economy before the onset of colonialism in the early 19th century?
What was the nature of the Indian subcontinent's economy before the onset of colonialism in the early 19th century?
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What percentage of the global economy does India account for in 2022 in PPP terms?
What percentage of the global economy does India account for in 2022 in PPP terms?
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