The economy of india is a developing mixed economy it is the worlds sixth largest economy by nominal gdp and the third largest by purchasing power parity ppp the country ranks 141st in per capita gdp nominal with 1723 and 123rd in per capita gdp ppp with 6616 as of 2016 after 1991 economic liberalisation india achieved 6 7 average gdp growth annually. The history of banking began with the first prototype banks where the merchants of the world who made grain loans to farmers and traders who carried goods between cities this was around 2000 bc in assyria and sumerialater in ancient greece and during the roman empire lenders based in temples made loans while accepting deposits and performing the change of money. The ready reckoner or traders sure guide adapted for the use of all persons who buy or sell any sort of commodities wholesale or retail. The chapter then moves on to a discussion of the critical role of governments in choosing the appropriate combinations of monetary fiscal trade investment and social policies to create an economic environment that is conducive to the attainment of food security
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