Current Affairs · Economy & Economic Projections
With reference to the International Monetary Fund (IMF) projections, consider the following statements: I. India holds the 5th position in global economy rankings in 2025 with a GDP exceeding $4 trillion. II. Japan is ranked as the 4th largest economy in the world, while Germany is 3rd. III. India is projected to overtake the United Kingdom and Germany to become the 3rd largest economy by 2027-2028. IV. India's GDP is estimated to move past $5 trillion by 2027-2028. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only I and II
- 2Only II, III and IV✓
- 3Only I, III and IV
- 4All I, II, III and IV
Correct answer
Only II, III and IV
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