CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the India’s GDP forecast for FY19, as per World Bank’s 2019 Global Economic Prospects report?
A
7.5 %
B
7.4 %
C
7.3 %
D
7.2 %
Explanation: 

Detailed explanation-1: -3. Real GDP or GDP at Constant Prices (2011-12) in the year 2019-20 is likely to attain a level of ₹147.79 lakh crore, as against the Provisional Estimate of GDP for the year 2018-19 of ₹140.78 lakh crore, released on 31st May 2019.

Detailed explanation-2: -Growth in India is projected to slow to 6.9% in FY23, says World Bank. Gross domestic product (GDP) growth in India will slow to 6.6% in the financial year 2023-24 from 6.9% projected in the ongoing fiscal, according to the World Bank.

Detailed explanation-3: -New Delhi: India’s economic growth is forecast to be 6.5 per cent in fiscal 2024 compared to 7 per cent in the current fiscal, according to the Economic Survey released by the government a day ahead of the Union Budget presentation.

Detailed explanation-4: -World Bank revises India’s FY 2022-23 GDP growth forecast to 6.9% - BusinessToday.

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