According to HSBC, India is likely to overtake Japan and Germany to become the third largest economy by _________.
2022
2024
2026
2028
2030
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19
Answer:
According to HSBC, India is likely to overtake Japan and Germany to become the third largest economy by 2028.
Explanation:
In September 2017, according to the reports of HSBC, India would overtake Japan and Germany and would become world's third largest economy by 2028.
Although India's GDP growth slipped to a three-year low of 5.7 per cent in April-June as hurdles caused by demonetisation spilled over to the third straight quarter amid slowdown in manufacturing activities.
According to the report, the short-term disruptions of the current reforms would have settled by the fiscal year 2019-20.
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Answer :
According to HSBC, India is likely to overtake Japan and Germany to become the third largest economy by 2028.
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