2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who gave the statement that “India’s nominal GDP to grow by 19% in FY22”?
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Piyush Goyal
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Nirmala Sitaraman
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Krishnamurthy Subramanian
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Narendra Modi
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Explanation:
Detailed explanation-1: -The World Bank has revised its 2022-23 GDP forecast upward to 6.9 percent from 6.5 percent (in October 2022), considering a strong outturn in India in the second quarter (July-September) of the 2022-23 financial year.
Detailed explanation-2: -The economy grew 8.7 per cent in FY22.
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: -According to the recently released report GDP Growth by country 2022, India’s GDP is the fifth largest GDP in the world.
There is 1 question to complete.