2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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11%
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10.2%
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12%
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9.5%
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Detailed explanation-1: -2022. The growth in GDP during 2021-22 is estimated at 8.7 percent as compared to a contraction of 6.6 percent in 2020-21. Nominal GDP or GDP at Current Prices in the year 2021-22 is estimated to attain a level of ₹ 236.65 lakh crore, as against ₹ 198.01 lakh crore in 2020-21, showing a growth rate of 19.5 percent.
Detailed explanation-2: -3. Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in Q1 2022-23 is estimated to attain a level of ₹ 36.85 lakh crore, as against ₹ 32.46 lakh crore in Q1 2021-22, showing a growth of 13.5 percent as compared to 20.1 percent in Q1 2021-22. 4.
Detailed explanation-3: -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-4: -The growth in real GDP during 2022-23 is estimated at 7.0% as compared to 8.7% in 2021-22, ” the ministry said.
Detailed explanation-5: -According to S&P Global, inflation is likely to remain above the RBI’s upper tolerance limit of 6% until the end of 2022. S&P Global Ratings and OECD on Monday retained India’s growth forecast for the current fiscal at 7.3 per cent and 6.9 per cent, respectively.