2019
Question
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7.5 %
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7.3 %
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7.7 %
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7.9 %
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Detailed explanation-1: -India’s GDP growth rate for 2019-20 revised downwards to 4% from 4.2%
Detailed explanation-2: -India gdp growth rate for 2020 was -6.60%, a 10.33% decline from 2019. India gdp growth rate for 2019 was 3.74%, a 2.72% decline from 2018.
Detailed explanation-3: -U.S. gdp growth rate for 2019 was 2.29%, a 0.63% decline from 2018. U.S. gdp growth rate for 2018 was 2.92%, a 0.66% increase from 2017.
Detailed explanation-4: -Confederation of Indian Industries (CII) President Sanjiv Bajaj expects India’s real GDP growth for 2022-23 to be in the range of 7.8 per cent to 8.2 per cent, depending upon global oil prices and how long the Russia-Ukraine war will continue.
Detailed explanation-5: -The green GDP (G3) in 2019 stood at ₹165.9 trillion, while the conventional GDP at 2015 constant prices was ₹175.8 trillion. (The GDP numbers used in the paper are based on World Bank data, which reports GDP in 2015 dollars).