According to Economic Survey 2015-16, the economic growth is projected at uline{1cm} %

2016

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

According to Economic Survey 2015-16, the economic growth is projected at _________ %

A	6.60 %
B	7.60 %
C	5.60 %
D	7.30 %

Explanation:

Detailed explanation-1: -While reviewing the major developments, the Survey states that according to CSO the growth rate of GDP at constant market prices is projected to increase to 7.6% in 2015-16 from 7.2% in 2014-15.

Detailed explanation-2: -Agricultural output has been volatile over the past 10 years, with annual growth ranging from 8.6% in 2010-11, to-0.2% in 2014-15 and 0.8% in 2015-16.

Detailed explanation-3: -According to the Economic Survey 2015-16 tabled in Parliament today, the services sector contributed almost 66.1% of its gross value added growth in 2015-16 becoming the important net foreign exchange earner and the most attractive sector for FDI (Foreign Direct Investment) inflows.

Detailed explanation-4: -The Correct answer is Manufacturing.

Detailed explanation-5: -State of the Economy 2022-23: Recovery Complete India’s GDP growth is expected to remain robust in FY24. GDP forecast for FY24 to be in the range of 6-6.8 %. Private consumption in H1 is highest since FY15 and this has led to a boost to production activity resulting in enhanced capacity utilisation across sectors.

There is 1 question to complete.