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The Indian Economy

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@ProvenPanda

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Questions and Answers

Which sector has notable public sector presence in the Indian economy?

Strategic sectors (correct)

Agriculture

Manufacturing

Services

What is India's rank in terms of nominal GDP?

Third

Fifth (correct)

Seventh

First

What was the economic policy followed by successive governments in India from 1947 to 1991?

Communism

Socialism (correct)

Free market capitalism

Mixed economy

What led to the adoption of economic liberalization in India in 1991?

<p>Balance of payments crisis</p> Signup and view all the answers

What has been the average annual GDP growth rate in India since the start of the 21st century?

<p>6% to 7%</p> Signup and view all the answers

The Indian Economy

Podcast Beta

Questions and Answers

Which sector has notable public sector presence in the Indian economy?

What is India's rank in terms of nominal GDP?

What was the economic policy followed by successive governments in India from 1947 to 1991?

What led to the adoption of economic liberalization in India in 1991?

What has been the average annual GDP growth rate in India since the start of the 21st century?

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