BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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5.3 to 5.9%
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5.2 to 5.7%
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5.4 to 5.9%
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5.1 to 5.9%
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Detailed explanation-1: -According to the Economic Survey 2013-14, the growth in the Indian economy can be expected to recover gradually to 5.4% to 5.9% in 2014-15.
Detailed explanation-2: -Gross Domestic Product GDP at factor cost at current prices in the year 2013-14 is estimated at ‘104.73 lakh crore, showing a growth rate of 11.5 percent over the First Revised Estimates of GDP for the year 2012-13 of ‘ 93.89 lakh crore, released on 31th January 2014.
Detailed explanation-3: -What was the GDP of India in 2013-14? Answer. The total GDP was 2, 10, 000 crore rupees.
Detailed explanation-4: -Share of Agriculture & allied sector has declined at 18.20% in 2013-14. Share of Services sector has improved to 57.03%. Share of Industry sector has also increased to 24.77%.
Detailed explanation-5: -Current-dollar GDP increased 3.9 percent, or $652.6 billion, in 2014 to a level of $17, 420.7 billion, compared with an increase of 3.7 percent, or $604.9 billion, in 2013.