Correct Answer: D [3.8%]
India’s economy had a 3.8% share of world income in 1952 after Independence from the British empire. Currently, India’s share in the world economy is 7.5% of world GDP.
MORE QUESTIONS ABOUT INDIAN ECONOMY
8.IFSC is an alphanumeric code designed to uniquely identify the bank branches in India. This is an 11-digit code with the first four characters representing the bank’s code, the next character reserved as control character (currently, 0 appears in the fifth position) and remaining six characters to identify the branch. RBI has advised all banks to print IFSC on cheque leaves issued to customers. What is the full form for IFSC Code?