Question

Describe the Indian economy?​

Answer 1

Answer:

The economy of India is a middle income developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP).

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Answer 2

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✯ INDIAN ECONOMY :

• The economy of India is a middle income developing mixed economy.[51] It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP).[52] According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP).[53] From independence in 1947 until 1991, successive governments promoted protectionist economic policies, with extensive state intervention and economic regulation.

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