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UPSC Prelims GS - 2019

Solution
Discussion

Question Panel

Section-1

Score(+ 2 , -0.66 )
Question 22
EASYCorrect: +2Incorrect: -2

Consider the following statements:
1. Purchasing Power Parity (PPP) exchange rates are calculated by comparing the prices of the same basket of goods and services in different countries.
2. In terms of PPP dollars, India is the sixth largest economy in the world.
Which of the statement given above is/are correct?

    a
    1 only
    b
    2 only
    c
    Both 1 and 2
    d
    Neither 1 nor 2