2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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-9.4
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-10.5
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-6.4
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-8.5
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Detailed explanation-1: -Barclays has projected India’s real GDP growth at seven per cent in 2022-23.
Detailed explanation-2: -Giving more details, the Minister stated that as per provisional estimates released by National Statistical Office (NSO), Indian economy in 2021-22 has fully recovered the pre-pandemic real GDP level of 2019-20. The real GDP growth in 2021-22 stands at 8.7 per cent, 1.5 per cent higher than the real GDP of 2019-20.
Detailed explanation-3: -The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.
Detailed explanation-4: -“Taking all these factors into consideration, the real GDP growth for 2022-23 is projected at 6. 8%, with Q3 at 4.