2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1.0 %
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1.1 %
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1.2 %
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1.3 %
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Detailed explanation-1: -GVA= Gross Domestic Product + Subsidies on products – Taxes on products. The base year for the calculation of GVA has also been shifted to 2011-2012 from the earlier 2004-2005.
Detailed explanation-2: -GVA growth in agriculture, forestry, fishing, mining sector in India FY 2013-2022. In fiscal year 2022, the estimated growth rate of real gross value added from the agriculture, forestry, fishing, mining and quarrying sectors in India was approximately 5.2 percent.
Detailed explanation-3: -India’s services sector contributed about 61 per cent to India’s Gross Domestic Product, growing strongly at approximately 10 per cent per annum in 2015-16, a report launched on Wednesday at the second Global Exhibition on Services.
Detailed explanation-4: -Current-dollar GDP increased 3.4 percent, or $589.8 billion, in 2015 to a level of $17, 937.8 billion, compared with an increase of 4.1 percent, or $684.9 billion, in 2014.