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Indian Economy - General Knowledge Questions
India is set to become the____largest economy in the world by 2029.
A)
5th
B)
4th
C)
3rd
D)
2nd

Correct Answer : Option (C) - 3rd

* As per the report of State Bank of India (Economic Research Department), the India is set to become the third largest economy in the world by 2029.
 
* India will surpass Germany in 2027 and most likely Japan by 2029 at the current rate of growth.
 
* The country has undergone a large structural shift since 2014 and is now the 5th largest economy overtaking the United Kingdom.
 
* The report is authored by Soumya Kanti Ghosh, group chief economic adviser, SBI..

Source : News on Air

Published On : September 6, 2022
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