According to the Central Statistical Office (CSO), What Percent in Indias Gross Domestic Product (GDP) in the second quarter (July-September) of 2016-17

2016

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

According to the Central Statistical Office (CSO), What Percent in India’s Gross Domestic Product (GDP) in the second quarter (July-September) of 2016-17

A	6.9 Percent
B	7.5 Percent
C	7.8 Percent
D	7.3 percent

Explanation:

Detailed explanation-1: -Nominal GDP or GDP at Current Prices in Q2 2022-23 is estimated at ₹65.31 lakh crore, as against ₹56.20 lakh crore in Q2 2021-22, showing a growth of 16.2 percent as compared to 19.0 percent in Q2 2021-22. 5.

Detailed explanation-2: -The per capita net national income in 2016-17 was Rs 1, 03, 870, up 10.3% from the previous fiscal year ended March 2016. (at Rs 94, 130). The per capita income is a crude indicator of the prosperity of a country. In 2017-18, the growth rate in per capita income is expected to be 5.4%, down from 5.7% the previous year.

Detailed explanation-3: -Real GDP or GDP at constant (2011-12) prices for the year 2016-17 is estimated at ‘121.90 lakh crore showing a growth rate of 7.1 percent over the year 2015-16 of ‘113.81 lakh crore.

Detailed explanation-4: -29 Aug 2022-In the second quarter of 2022, gross domestic product (GDP) in the OECD rose by 0.3% quarter-on-quarter according to provisional estimates, equal to the growth in the previous quarter (Figure 1).

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