2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The gross domestic product of India has contracted to what percent in the April-June period?
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22%
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23.9%
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48%
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16%
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Explanation:
Detailed explanation-1: -India’s GDP grows at 13.5% in April-June quarter.
Detailed explanation-2: -The International Monetary Fund (IMF) has also lowered India’s gross domestic product (GDP) growth projection for 2022-23 to 6.8% from the earlier 7.4%, citing the impact of a slowing global economy, stubborn inflation, rising interest rates and the Ukraine war.
Detailed explanation-3: -The last time India’s GDP achieved higher annual growth was in April-June 2021, when it was 20.1% higher than the pandemic-depressed level of a year before. Forecasts for the latest quarter ranged from 9.0% to 21.5%.
Detailed explanation-4: -India GDP Growth Q1FY23: 13.5% in April-June 2022-23, says Govt data; check key details here | Zee Business.
There is 1 question to complete.