Question

Economic convergence according to the economic survey

Answer 1

Answer: Economic convergence is the process of developing economies catching up with developed economies. India, the Survey states, is lower-middle income country, aiming for middle income status in the current growth period following the global financial crisis of 2008.

Explanation:

Answer 2

Answer: Economic convergence is the process of developing economies catching up with developed economies. India, the Survey states, is lower-middle income country, aiming for middle income status in the current growth period following the global financial crisis of 2008.

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