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.
Both statements are correct
Only statement 2 is correct.
None of the statements is correct
Only statement 1 is correct. India is positioned as the world’s 7th largest economy based on nominal GDP figures of 2016.
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. (C) Foreign investment in India has drastically increased.