2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
3.5%
|
|
|
8.5%
|
|
|
5.5%
|
|
|
5.0%
|
Detailed explanation-1: -CRISIL reiterates 7.8% GDP growth next fiscal, with risks tilted to the downside; corporate revenue seen up 10-14%
Detailed explanation-2: -CRISIL has revised its forecast for India’s real gross domestic product (GDP) growth to 7 per cent for the current fiscal (2022-23) from 7.3 per cent estimated previously.
Detailed explanation-3: -Real GDP or GDP at Constant (2011-12) Prices in Q2 2022-23 is estimated at ₹38.17 lakh crore, as against ₹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.
Detailed explanation-4: -Moody’s Investors Service expects India’s GDP growth to slow from 8.3% in 2021 to 7.7% in 2022 and to decelerate further to 5.2% in 2023.
Detailed explanation-5: -Rating firm Crisil has revised its real GDP forecast for India in fiscal 2021 to a contraction of 9 per cent from 5 per cent fall projected in May, and estimated a permanent loss of 13 per cent of real GDP over the medium term, which amounts to Rs 30 lakh crore in nominal terms.