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What are the factors that shape India's economic performance according to political economists?

1. ‘POW’ trinity - politics, oil and world
2. Income and Expenditure
3. Rich and Poor
4. GDP and GNP

Correct answer: ‘POW’ trinity - politics, oil and world

Solution

The passage states that India's economic performance is largely shaped by the 'POW' trinity. POW stands for politics, oil, and world economy. Therefore, the correct option is the one matching this framework.

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