Multiple choice

The International Monetary Fund had estimated India’s contribution to World Gross Domestic Product in purchasing power parity (PPP) terms for 2007 to—

  1. 4·6%

  2. 6·4%

  3. 7·1%

  4. 3·9%
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A Correct answer
Explanation

The IMF estimated India's contribution to World GDP in PPP terms for 2007 at 4.6%, reflecting India's growing economic weight in the global economy. PPP measures purchasing power rather than nominal exchange rates.

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