BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2005-06
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2006-07
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2007-08
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2010-11
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Detailed explanation-1: -The report shows real GDP growth touching a high of 10.08% in 2006-07 in terms of factor cost. Under the old series, growth in 2006-07 was 9.57%.
Detailed explanation-2: -2006 GDP Real GDP increased 3.4 percent in 2006 (that is, from the 2005 annual level to the 2006 annual level), compared with an increase of 3.2 percent in 2005. The major contributors to the increase in real GDP in 2006 were personal consumption expenditures (PCE), exports, and equipment and software.
Detailed explanation-3: -During the planning period, the highest growth rate was achieved during the 10th five years plan. Five Years Plan: The Indian economy has been focused on the concept of economic planning since 1947.
Detailed explanation-4: -2007 GDP Real GDP increased 2.2 percent in 2007 (that is, from the 2006 annual level to the 2007 annual level), compared with an increase of 2.9 percent in 2006.