The Reserve Bank of India has released its annual report in Mumbai. It was mentioned in the report that due to the evolving economic conditions, real GDP growth for 2018-19 is expected to increase to.....

BANKING GENERAL KNOWLEDGE

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

The Reserve Bank of India has released its annual report in Mumbai. It was mentioned in the report that due to the evolving economic conditions, real GDP growth for 2018-19 is expected to increase to____

A	7.10%
B	7.4%
C	7.20%
D	7.00%

Explanation:

Detailed explanation-1: -Real GDP growth is projected at 7.1 per cent for Q1:2023-24 and at 5.9 per cent for Q2. Even after this revision in our growth projection for 2022-23, India will still be among the fastest growing major economies in the world, ” the RBI panel said.

Detailed explanation-2: -“Taking all these factors into consideration, the real GDP growth for 2022-23 is projected at 6. 8%, with Q3 at 4. 4% and Q4 at 4. 2%, with risks evenly balanced.

Detailed explanation-3: -Brief about the report: In accordance with Section 36 (2) of the Banking Regulation Act, 1949, the Reserve Bank of India published the Report on Trend and Progress of Banking in India 2021–22.

There is 1 question to complete.