(2) What are the characteristics of the
Indian economy?
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The economy of India is characterised as a developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to the IMF, on a per capita income basis, India ranked 139th by GDP and 118th by GDP in 2018.
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Answered by
1
Indian economy is not at all that that level
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