India is ranked #3 or #5 in terms of GDP | Nominal vs Real Vs PPP | What is the GDP of India? | #shorts #lrnin #youtubeshorts
This video tells us about the definitions of GDP along with the difference between Nominal, Real & Purchasing Power Parity or PPP. The video is kept short and also highlights the ranking of India in the world as per nominal GDP & in terms of Purchasing Power Parity.
The data, definitions & images present in the video are also helpful for all those students who are preparing for competitive exams like state PSCs or PCS or UPSC for that matter. This video also relates to the current affairs where India surpassed the GDP of the United Kingdom namely its colonial master.
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