CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Currently India’s economy is estimated at
A
$3.5 trillion
B
$2.5 trillion
C
$4.5 trillion
D
$1.5 trillion
Explanation: 

Detailed explanation-1: -“Nominal GDP or GDP at Current Prices in the year 2022-23 is estimated at ₹273.08 lakh crore, as against the Provisional Estimate of GDP for the year 2021-22 of ₹236.65 lakh crore, released on 31st May, 2022.

Detailed explanation-2: -The Indian GDP In the first half of the current financial year, India’s GDP registered a growth of 9.7%, compared with 13.7% a year ago. Gross Value Added (GVA) also rose, albeit below the level seen in the same period last year, at 9% versus the 12.8% growth a year ago.

Detailed explanation-3: -According to the CNBC-TV18 poll, the FY23 real GDP is estimated at 6.9 percent, nominal GDP is seen growing at 15.8 percent to Rs 269 trillion, and the fiscal deficit works to Rs 17.2 trillion.

There is 1 question to complete.