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    According to IBEF 2021, the Indian pharmaceutical industry ranks _____ in the world on the basis of volume.
    Question

    According to IBEF 2021, the Indian pharmaceutical industry ranks _____ in the world on the basis of volume.

    A.

    9th

    B.

    5th

    C.

    11th

    D.

    3rd

    Correct option is D


    The correct answer is (d) 3rd.
    · According to IBEF (Indian Brand Equity Foundation) 2021, the Indian pharmaceutical industry ranks 3rd in the world on the basis of volume.
    · India's Latest Rankings in 2023 (as of December 13, 2023):
    · GDP (PPP): 3rd largest in the world
    · Foreign Exchange Reserves: 4th largest in the world
    · World Happiness Report: 126th out of 156 countries
    · Human Development Index: 132nd out of 191 countries
    · Gender Inequality Index: 125th out of 165 countries
    · Multidimensional Poverty Index: 66th out of 109 countries
    · Literacy rate: 77.7% (male) and 65.4% (female)
    · Henley Passport Index: 84th out of 104 passports
    · World Press Freedom Index: 150th out of 180 countries
    · Environmental Performance Index: 180th out of 180 countries
    · Maternal mortality ratio: 113 deaths per 100,000 live births

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