Question : As per Union Budget 2019-20, the Indian economy is globally the ______ largest in Purchasing Power Parity (PPP) terms.
Option 1: fifth
Option 2: second
Option 3: third
Option 4: fourth
Correct Answer: third
Solution : The correct option is third.
According to that budget, India was globally the third-largest economy in terms of Purchasing Power Parity (PPP). The United States and China topped the list. Purchasing Power Parity (PPP) is a theory in economics that attempts to determine the relative value of different currencies, allowing for a more accurate comparison of living standards and economic performance between countries.
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Question : As per the projection of the Union Budget 2019-20, the Indian economy is set to become a __________trillion dollar economy in the financial year 2019-20.
Question : In terms of area, India is the _____________ largest country of the World.
Question : The Rolling plan was implemented between which two five-year plans?
Question : As per Union Budget 2019-20, the tax rate has been reduced to _________for companies with annual turnover up to INR 400 crore.
Question : In which five-year plan was planning shifted from agriculture to industries?
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