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    Question

    What is the minimum sustained growth rate India needs to

    avoid the middle-income trap?
    A 4-5% Correct Answer Incorrect Answer
    B 5-6% Correct Answer Incorrect Answer
    C 6-7% Correct Answer Incorrect Answer
    D 7-10% Correct Answer Incorrect Answer
    E 10-12% Correct Answer Incorrect Answer

    Solution

    India needs a sustained growth rate of 7-10% for 20-30 years to become a developed nation and avoid the middle-income trap.

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