2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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-7.9%
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-7%
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-7.5%
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-7.8%
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Detailed explanation-1: -Nominal GDP or GDP at Current Prices in the year 2021-22 is estimated to attain a level of Rs 236.65 lakh crore, as against Rs 198.01 lakh crore in 2020-21, showing a growth rate of 19.5 per cent.
Detailed explanation-2: -SBI COMPOSITE INDEX : DECEMBER 2022 may grow in the range of 2.5-3.0% in Nov and & 0.5-1.0% in Dec 2022.
Detailed explanation-3: -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-4: -India’s Economic Resilience and Growth Drivers These forecasts, including the advance estimates released by the NSO, now broadly lie in the range of 6.5-7.0 per cent.
Detailed explanation-5: -The full year (FY22) GDP growth is now revised downwards to 8.8% from our earlier estimate of 9.3%. With this the real GDP will be around Rs 2.35 lakh crore more / 1.6% higher than the FY20 Real GDP of Rs 145.69 lakh crore.