Indian economy is ........

Business Studies(11th) Chapter-3 Private, public and Global Enterprises

Download Solution PDF

Indian economy is _________

Closed Economy

Private Economy

Mixed Economy

Developed Economy

छोटे Courses बड़े Results

Master Chapter-3 Private, public and Global Enterprises

Prepare through Micro-courses

Try Now

Explanation:

The economy of India is characterised as a developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the IMF, on a per capita income basis, India ranked 139th by GDP (nominal) and 118th by GDP (PPP) in 2018.