Indian economy is likely to grow by.....percent in 2018 and go up further to.....percent in 2019 on the back of strong private consumption, public investment and the ongoing structural reforms, according to a UN report.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Indian economy is likely to grow by____percent in 2018 and go up further to____percent in 2019 on the back of strong private consumption, public investment and the ongoing structural reforms, according to a UN report.

A	7.1% and 7.3%
B	7.2% and 7.4%
C	7.3% and 7.5%
D	7.6% and 7.8%

Explanation:

Detailed explanation-1: -OVERVIEW: INDIAN ECONOMY The Indian economy grew at 6.8 per cent in 2018-19, thereby experiencing some moderation in growth when compared to the previous year.

Detailed explanation-2: -State of the Economy in 2018-19: A Macro View Growth of GDP moderated to 6.8 per cent in 2018-19 from 7.2 per cent in 2017-18. Inflation contained at 3.4 per cent in 2018-19. Non-Performing Assets as percentage of Gross Advances reduced to 10.1 per cent at end December 2018 from 11.5 per cent at end March 2018.

Detailed explanation-3: -India gdp growth rate for 2021 was 8.68%, a 15.28% increase from 2020. India gdp growth rate for 2020 was-6.60%, a 10.33% decline from 2019. India gdp growth rate for 2019 was 3.74%, a 2.72% decline from 2018. India gdp growth rate for 2018 was 6.45%, a 0.34% decline from 2017.

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