Multiple choice

Where does the Indian economy stand in the world on the basis of PPP rating?

  1. Second

  2. Fourth

  3. Sixth

  4. Tenth
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India ranks fourth in the world by Purchasing Power Parity, behind the United States, China, and Japan. PPP measures a country's economic output by comparing the cost of goods and services between nations, providing a more accurate picture of living standards than nominal GDP.

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