2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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7.6 %
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7.8 %
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7.9 %
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7.7 %
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Detailed explanation-1: -The area sown under kharif and rabi crops during 2016-17 was 3.5 per cent and 5.9 per cent higher respectively compared to 2015-16. During the South West Monsoon Season (June-September) of 2016 the country as a whole received rainfall which was 97 per cent of its long period average (LPA).
Detailed explanation-2: -Net capital inflows were slightly lower at US$ 36.8 billion (1.6 per cent of GDP) in 2016-17 as compared to US$ 40.1 billion (1.9 per cent of GDP) in the previous year, mainly due to fall in NRI deposits. Gross FDI inflows to India increased significantly to US$ 60.2 billion in 2016-17 from US$ 55.6 billion in 2015-16.
Detailed explanation-3: -ICRA cuts 2022-23 GDP growth forecast to 7.2% from 8%
Detailed explanation-4: -"We have revised down our forecast for real gross domestic product growth to 7 per cent for fiscal 2023 from 7.3 per cent, primarily because of the slowdown in global growth that has started to impact our exports and industrial activity.