Which of the followimg facts about India is/are correct?

1. India is an emerging economy.

2. India is positioned as the world’s 10th largest economy based on nominal GDP figures of 2016.

Only statement 1 is correct.

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Both statements are correct

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Only statement 2 is correct.

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None of the statements is correct

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Solution

The correct option is A
Only statement 1 is correct.

Only statement 1 is correct. India is positioned as the world’s 7th largest economy based on nominal GDP figures of 2016.

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What impact has the GDP growth of 7.8 percent had?

(A) Indian Industry is anxious about India’s economic growth.
(B) India has achieved status as the world’s third largest economy at present.
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Q. Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
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A. Indian Industry is anxious about India's economic growth.
B. India has achieved status as the world's third-largest economy at present.
C. Foreign investment in India has drastically increased.

Q. Q. . Consider the following statements with reference to ‘Remittances’ in an economy:Which of the above given statements is/are incorrect?

1 only
Both 1 and 2
Neither 1 nor 2
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Q. Q. Consider the following statements with reference to ‘Remittances’ in an economy: Which of the above given statements is/are incorrect?

1 only
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Which of the followimg facts about India is/are correct? 1. India is an emerging economy. 2. India is positioned as the world’s 10th largest economy based on nominal GDP figures of 2016.

The correct option is A Only statement 1 is correct. Only statement 1 is correct. India is positioned as the world’s 7th largest economy based on nominal GDP figures of 2016.

Which of the followimg facts about India is/are correct?

1. India is an emerging economy.

2. India is positioned as the world’s 10th largest economy based on nominal GDP figures of 2016.

The correct option is A
Only statement 1 is correct.

Only statement 1 is correct. India is positioned as the world’s 7th largest economy based on nominal GDP figures of 2016.