The Problem With Indian Economy

As of the text's context, which country did India overtake to become the fifth-largest economy?

• Germany

• France

• United Kingdom

• United States

What was India's GDP as a percentage of China's GDP in 1980?

• 64%

• 28%

• 17%

• 50%

By what year is India's workforce projected to not exceed China's, despite a younger population?

• 2040

• 2025

• 2050

• 2030

What is the youth unemployment rate in India according to the text?

• 7.7%

• 40%

• 5%

• 8%

How much could India's GDP increase by if it rebalanced its workforce, according to the IMF?

• 27%

• 50%

• 35%

• 15%

What percentage of India's GDP is spent on education from primary to post-secondary levels?

• 2%

• 5%

• 1%

• 3%

What is India's public expenditure on health care as a percentage of GDP?

• 2.5%

• 3%

• 1.3%

• 0.8%

What was the percentage of GDP represented by foreign direct investment (FDI) in India since 2008?

• 1.4%

• 6%

• 2.5%

• 3.6%

What is India's debt-to-GDP ratio as mentioned in the text?

• 90%

• 85%

• 75%

• 100%

What was the deficit of India's current-account balance as a percentage of GDP?

• 2.8%

• 5%

• 3.6%

• 4.4%