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Globalisation and The Indian Economy class 10 mcq questions |
Answer» globalisation:-Globalisation is the word used to DESCRIBE the growing interdependence of the world's economies, cultures, and populations, BROUGHT about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Indian economy:-The economy of India is characterised as a middle income DEVELOPING market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to the International Monetary Fund, on a per capita income basis, India ranked 145TH by GDP and 122th by GDP. |
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