Question

What is true about contemporary india economy

Answer 1

Answer:

The economy of India is characterised as a middle income developing market economy.[44] It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP).[45] According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP).[46] From independence