2017
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which organisation told the India growth will be 7.7 in 2018 - 2019?
|
|
United Nations
|
|
|
International Monetary Fund
|
|
|
Financial Reporting Council
|
|
|
IFRS Foundation
|
Explanation:
Detailed explanation-1: -1.4 India’s growth of real GDP has been high with average growth of 7.5 per cent in the last 5 years (2014-15 onwards). The Indian economy grew at 6.8 per cent in 2018-19, thereby experiencing some moderation in growth when compared to the previous year.
Detailed explanation-2: -India gdp growth rate for 2018 was 6.45%, a 0.34% decline from 2017.
Detailed explanation-3: -U.S. gdp growth rate for 2019 was 2.29%, a 0.65% decline from 2018. U.S. gdp growth rate for 2018 was 2.95%, a 0.7% increase from 2017.
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.
There is 1 question to complete.