Current Affairs · Macroeconomic Trends
India's recent macroeconomic expansion and rising global economic rank is best explained by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Aggressive fiscal consolidation
- 2Sharp fall in food inflation alone
- 3Robust domestic consumption and services-led expansion✓
- 4Export-led manufacturing growth
Correct answer
Robust domestic consumption and services-led expansion
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