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    Question

    According to the EY report, by which year is India

    projected to become the world’s second-largest economy in PPP terms? 
    A 2028 Correct Answer Incorrect Answer
    B 2030 Correct Answer Incorrect Answer
    C 2035 Correct Answer Incorrect Answer
    D 2038 Correct Answer Incorrect Answer
    E 2040 Correct Answer Incorrect Answer

    Solution

    The EY report forecasts that India will become the second-largest economy in Purchasing Power Parity (PPP) terms by 2038, surpassing the U.S. This projection reflects India’s strong domestic consumption, digitalisation, and structural reforms. 

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