CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which organisation expected India’s GDP to contract by 9.6% in FY-21?

A	UNESCO
B	ADB
C	World Bank
D	WHO

Explanation:

Detailed explanation-1: -The provisional estimate of GDP for the year 2021-22 stood at Rs 147.36 lakh crore. The growth in real GDP during 2022-23 is estimated at 7.0 per cent as compared to 8.7 per cent in 2021-22, according to data released by the NSO, Ministry of Statistics and Programme Implementation.

Detailed explanation-2: -Ministry of Statistics and Programme Implementation, Government of India evaluates GDP in India.

Detailed explanation-3: -NSO First revised FY21 GDP estimates The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%.

Detailed explanation-4: -India’s real GDP is expected to grow 7% in 2022-23, slowing from 8.7% in FY22, as per the First Advance Estimates of National Income for the year released by the National Statistical Office (NSO) on Friday.

There is 1 question to complete.