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- India’s GDP stood at $3.92 trillion, behind the UK ($4.0 trillion) and Japan ($4.44 trillion).
- The fall was due to rupee depreciation, GDP base year revision, and the British Pound’s resilience.
- Despite this, India recorded 7.6% real growth, the highest among major economies.
- The IMF projects India will regain 4th spot by 2027 ($4.58 trillion).
- By 2031, India is expected to become the 3rd‑largest economy, overtaking Japan and Germany.
- In PPP terms, India already ranks 3rd globally, after the US and China.
Question:
Q.1 According to the IMF’s World Economic Outlook (WEO), released on April 14, 2026, what was India’s rank in global nominal GDP for 2025?a) 4th
b) 5th
c) 6th
d) 7th
Answer: c) As per the World Economic Outlook by the International Monetary Fund, India slipped to 6th place in nominal GDP rankings.