Which of the following statements is are correct as per the Economic Survey 2019 20 The WEO of Octob...........

Economic Affairs Growth and Indicators

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Which of the following statements is/are correct as per the Economic Survey 2019-20?

The WEO of October 2019 has estimated India’s economy to become the fifth largest in the world, as measured using GDP at current US$ prices, moving past United Kingdom and Japan.
The size of the economy is estimated at US$ 2.9 trillion in 2019

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

statement 1 : The WEO of October 2019 has estimated India’s economy to become the fifth largest in the world, as measured using GDP at current US$ prices, moving past United Kingdom and France.