CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India’s Q2 GDP growth dips to over 6-year low of how much?
A
4.5%
B
4%
C
4.8%
D
4.2%
Explanation: 

Detailed explanation-1: -The government released the GDP for the second quarter (July-September) of the current financial year.

Detailed explanation-2: -Nominal GDP or GDP at Current Prices in Q2 2022-23 is estimated at ₹65.31 lakh crore, as against ₹56.20 lakh crore in Q2 2021-22, showing a growth of 16.2 percent as compared to 19.0 percent in Q2 2021-22. 5.

Detailed explanation-3: -India GDP Q2 Growth "Real GDP or GDP at Constant (2011-12) Prices in Q2 2022-23 is estimated at Rs 38.17 lakh crore, as against Rs 35.89 lakh crore in Q2 2021-22, showing a growth of 6.3 percent as compared to 8.4 percent in Q2 2021-22,” stated govt’s press release on GPD numbers.

Detailed explanation-4: -Current‑dollar GDP increased 8.4 percent at an annual rate, or $496.2 billion, in the second quarter to a level of $24.88 trillion (tables 1 and 3), an upward revision of $31.1 billion from the previous estimate.

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