2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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7 percent
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9 percent
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8 percent
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10 percent
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Detailed explanation-1: -The World Bank has estimated that India will grow 6.5% in the current fiscal year (FY22-23), after having grown at 8.7% in the fiscal year ended March 31.
Detailed explanation-2: -In October, it had cut India’s GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
Detailed explanation-3: -The Survey says, in real terms, the economy is expected to grow at 7 per cent for the year ending March 2023. This follows an 8.7 per cent growth in the previous financial year.
Detailed explanation-4: -The Indian economy is estimated to grow at 7 percent in 2022-23, as against the expansion of 8.7 percent in the previous fiscal, the National Statistical Office (NSO) said on Friday.
Detailed explanation-5: -World Bank forecasts India’s FY23 GDP at 6.9%; warns of global recession. NEW DELHI: The World Bank on Tuesday retained India’s economic growth at 6.9% for financial year 2022-23.