2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
2.2%
|
|
|
1.8%
|
|
|
2.8%
|
|
|
1.2%
|
Detailed explanation-1: -CRISIL expects India’s GDP growth to average 6.6 per cent between fiscal 2024 and 2026, compared with 3.1 per cent globally - as estimated by the International Monetary Fund (IMF).
Detailed explanation-2: -India’s Economic Performance in 2020-21 India’s real GDP to record a 11.0% growth in FY2021-22 and nominal GDP to grow by 15.4%. India expected to have a Current Account Surplus of 2% of GDP in FY21, a historic high after 17 years.
Detailed explanation-3: -Rating agency Crisil on Monday pared its 2022-23 real GDP growth forecast to 7%, from 7.3% estimated earlier, and said it expects the Indian economy to face more stress in 2023-24 with growth likely to slow to 6% due to the global slowdown and tightening financial conditions at home.
Detailed explanation-4: -State of the Economy 2022-23: Recovery Complete India’s GDP growth is expected to remain robust in FY24. GDP forecast for FY24 to be in the range of 6-6.8 %. Private consumption in H1 is highest since FY15 and this has led to a boost to production activity resulting in enhanced capacity utilisation across sectors.