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Question

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.


A

Only statement 1 is correct.

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B

Both statements are correct

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C

Only statement 2 is correct.

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D

None of the statements is correct

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Solution

The correct option is B

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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