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SSC CPO 2019 PYQ — Question 72

SSC CPO Tier I - 12th December 2019 - Shift 1 • General Awareness • Q72

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As per Union Budget 2019-20, Indian economy is globally the ______ largest in Purchasing Power Parity (PPP) terms.

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Correct answer: C

Explanation

The correct answer is option 3 i.e. Third.

As per the Union Budget 2019-20, the Indian economy was the third-largest globally in Purchasing Power Parity (PPP) terms.

Other options:

  1. Fifth – Incorrect, as India surpassed Japan and Germany earlier.

  2. Second – China holds this position, while the US is first.

  3. Fourth – This was India’s rank before overtaking Japan.

The World Bank’s 2017 PPP data confirmed India’s rise due to its large population and cost-adjusted GDP. This ranking highlights India’s growing economic influence despite per capita income remaining low.