Indian economy is ___________ a) Developing Economy b) Emerging Economy c) Dual Economy d) All the above
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a) developing economy
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The economy of India is characterised as a middle income developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). ... Apart from private consumption, India's GDP is also fueled by government spending, investment, and exports.
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