Questions and Answers
What is the current ranking of India's economy by nominal GDP?
fifth
According to the IMF, on a per capita income basis, India ranked 139th by which measure of GDP?
GDP (nominal)
What event led to the adoption of broad economic liberalisation in India in 1991?
acute balance of payments crisis
What economic policies did successive governments in India follow from 1947 until 1991?
Signup and view all the answers
What is the term used to characterise the economic regulation and state intervention in India until 1991?
Signup and view all the answers
