When it comes to gdp figures, gdp measured through ppp overestimates india's social and economic growth. Critically analyze. (250 words)?
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According to International Monetary Fund (2013) estimates, in nominal GDP terms, what is the rank of Indian Economy in world? India is currently the 10th-largest economy in the world in nominal GDP terms. In purchasing power parity (PPP) terms, it is the third-largest economy, right behind the US and China.
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