2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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9.8 %
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7.9 %
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6.2 %
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5.8 %
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Detailed explanation-1: -Current-dollar GDP increased 4.1 percent, or $761.7 billion, in 2017 to a level of $19, 386.2 billion, compared with an increase of 2.8 percent, or $503.8 billion, in 2016 (table 1 and table 3).
Detailed explanation-2: -WASHINGTON-The U.S. economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years, with the yearly rate down to 1.6 percent.
Detailed explanation-3: -For 2023, it has pegged the GDP growth at 5.9% compared to projected expansion of 6.9% in 2022.
Detailed explanation-4: -The services sector contributed 55.2% to India’s GVA in 2017-18. As per the CSO the growth of the services sector is expected to be 8.3% in 2017-18 as compared to 7.7% in 2016-17. In 15 states, services contribute to more than half of the gross state value added (GSVA).