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Purchasing Power Parity

As per the da...

Question

As per the data of 2017, which of the following two countries were ahead of India in terms of purchasing power parity?

A

USA

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B

Japan

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C

China

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D

Russia

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Solution

The correct option is C China
By 2017, India was the third largest economy in terms of purchasing power parity. India was ranked after China and the USA.

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