2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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AB Bank
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Deutsche Bank
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DBS Bank
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HSBC
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Detailed explanation-1: -India gdp growth rate for 2018 was 6.45%, a 0.34% decline from 2017.
Detailed explanation-2: -For information on updates to GDP, see the “Additional Information” section that follows. Real GDP increased 2.9 percent in 2018 (from the 2017 annual level to the 2018 annual level), compared with an increase of 2.2 percent in 2017 (table 1).
Detailed explanation-3: -In 2016-17, the contribution of primary, secondary and tertiary sectors to India’s GDP (hypothetical figures) was 17.6%, 28.2% and 54.2% respectively. In 2017-18, these shares were 17.7%, 27.0% and 55.3% respectively.
Detailed explanation-4: -The services sector accounts for 54 per cent of India’s Gross Value Added (GVA). Its growth rate moderated to 7.5 per cent in 2018-19 from 8.1 per cent in 2017-18.