A) Fourth
B) Third
C) Second
D) Seventh
Correct Answer: B
Solution :
As per the International Monetary Fund World Economic Outlook (WEO) 2015, released in April 2015. India was placed third in terms of GDP (purchasing power parity) behind China and USA. On the GDP (PPP) basis, Chinas wealth amounted to $18 trillion in 2014, followed by USA with $17.4 trillion and India ($7.3 trillion). India overtook Japan to become third-largest economy in purchasing power parity in 2012. The standings are same even in the WEO 2016.Rank | Country Economy | GDP (In Million Dollar) |
1 | China | 18,030,932 |
2 | U.S.A | 17,419,00 |
3 | India | 7,393,076 |
4 | Japan | 4,630,941 |
5 | Russia | 3,745,157 |
6 | Germany | 3,689,840 |
7 | Brazil | 3,263,866 |
8 | Indonesia | 2,676,109 |
9 | France | 2,571,970 |
10 | Great Britain | 2,524,728 |
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