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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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