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    Question

    What was the significant finding of the World Bank

    report regarding India's GDP growth?
    A India will surpass the United States' GDP by 2047 Correct Answer Incorrect Answer
    B India will reach half of the United States' GDP in 50 years Correct Answer Incorrect Answer
    C India will take 75 years to reach a quarter of the United States' GDP Correct Answer Incorrect Answer
    D India will achieve high-income status within the next decade Correct Answer Incorrect Answer
    E India needs to grow at 5% annually to escape the middle-income trap Correct Answer Incorrect Answer

    Solution

    The World Bank report indicates that at the current rate, India will take 75 years to reach a quarter of the United States' GDP, challenging the goal of transforming India into a developed economy by 2047.

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