Multiple choice

According to International Monetary Fund, what was India's contribution to World Gross Domestic Product in Purchasing Power Parity (PPP) terms for 2007?

  1. 4.6 percent

  2. 6.4 percent

  3. 7.1 percent

  4. 8.9 percent
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A Correct answer
Explanation

According to IMF data for 2007, India's contribution to World GDP in Purchasing Power Parity (PPP) terms was 4.6 percent. PPP adjustment accounts for cost of living differences between countries, providing a more accurate comparison of economic output and living standards than nominal GDP.

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