Multiple choice

The much quoted 2003 BRIC study by Goldman Sachs predicted that the GDP of India will double every

  1. fifteen years

  2. twelve years

  3. ten years

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

The Goldman Sachs BRIC study (2003) predicted that India's GDP would double every twelve years, making it one of the fastest-growing major economies. The report highlighted Brazil, Russia, India, and China as emerging economies that would dominate global growth by 2050. India's projected growth rate of approximately 5.8% annually would result in GDP doubling roughly every 12 years under this model.

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