2019
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
6.5%
|
|
|
6.4%
|
|
|
6.6%
|
|
|
6.7%
|
Detailed explanation-1: -India stands at the 63rd rank while Bangladesh is at the 168th rank, out of total 190 countries in the Ease of Doing Business 2020.
Detailed explanation-2: -We expect India to grow in the range of 6.5%–6.9% in FY 2022–23 and 5.8%–6.3% in FY 2023–24. Considering the extent of volatility associated with the global and domestic economy, we are restricting the duration of our projection to just a year ahead.
Detailed explanation-3: -NEW DELHI: India’s gross domestic product (GDP) growth is estimated at 7% for 2022-23 on the back of a rebound in services and farm sectors but may face strong headwinds in the months ahead due to the geopolitical situation and possible recession in several countries across the globe.
Detailed explanation-4: -Services sector is estimated to grow at 6.9% in 2019-20 as compared to 7.5% in 2018-19. The services sector is estimated to contribute 55.3% to India’s GVA in 2019-20.