According to a report by the PHD Chamber of Commerce and

Q: Answer-According to a report by the PHD Chamber of Commerce and Industry (PHDCCI) on 'Viksit Bharat @2047',...

The report by the PHD Chamber of Commerce and Industry PHDCCI on Viksit Bharat 2047 projects that the Indian economy will attain a size of 34.7 trillion by 2047, with a per capita income of 21,000. Additionally, it forecasts a decrease in the share of agriculture in total GDP to 12 in FY47 from 20 in the previous year, while the share of industry is expected to rise from 26 to 34 during the same period.

Industry (PHDCCI) on 'Viksit Bharat @2047', what is the projected size of the Indian economy by 2047?

A $21.7 trillion with a per capita income of $12,000 Correct Answer Incorrect Answer

B $34.7 trillion with a per capita income of $21,000 Correct Answer Incorrect Answer

C $40.5 trillion with a per capita income of $25,000 Correct Answer Incorrect Answer

D $15.3 trillion with a per capita income of $8,000 Correct Answer Incorrect Answer

E None of these Correct Answer Incorrect Answer

Solution

The report by the PHD Chamber of Commerce and Industry (PHDCCI) on 'Viksit Bharat @2047' projects that the Indian economy will attain a size of $34.7 trillion by 2047, with a per capita income of $21,000. Additionally, it forecasts a decrease in the share of agriculture in total GDP to 12% in FY47 from 20% in the previous year, while the share of industry is expected to rise from 26% to 34% during the same period.

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