Question

What is the place of india in terms of economy in world?

Answer 1

The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP).

Answer 2

The economy of India is a developing mixed economy. It is the world's sixth-largesteconomy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 as of 2018.After the 1991 economic liberalisation, Indiaachieved 6-7% average GDP growth annually. In FY 2015 and 2018 India's economy became the world's fastest growing major economy,surpassing China.