Question

What are the characteristics of the Indian economy??
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Answer 1

Answer:

What are the characteristics of the Indian economy??

The economy of India is characterised as a developing market economy. It is the world's sixth-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 142nd by GDP and 124th by GDP in 2020.

Answer 2

Answer:

1. The economy of India is characterised as a developing market economy.
2. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity.
3. According to the IMF, on a per capita income basis, India ranked 142nd by GDP and 124th by GDP in 2020