English, asked by jagatheeshwaran472, 6 months ago

what is economic condition in india

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Answered by creativityproof

2

Answer:

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 (PPP). According to the IMF, on a per capita income basis, India ranked 142nd by GDP (nominal) and 124th by GDP (PPP) in 2020.

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