2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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11.0%
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10.1%
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9.7%
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8.5%
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Detailed explanation-1: -India’s GDP grew by 8.7% in 2021-22. Further, the firm expects headline retail inflation to ease to 6.1% next year from an estimated 6.8% this year.
Detailed explanation-2: -For 2023, it has pegged the GDP growth at 5.9% compared to projected expansion of 6.9% in 2022. According to the brokerage, growth is expected to be a tale of two halves, with a slower first half in 2023 as the reopening boost fades and monetary tightening weighs on domestic demand.
Detailed explanation-3: -The data showed the growth in nominal GDP ( which includes inflation) during 2022-23 is estimated at 15.4% as compared to 19.5% in 2021-22.
Detailed explanation-4: -India’s gross domestic product (GDP) grew by 8.7% in 2021-22.
Detailed explanation-5: -“Nominal GDP or GDP at Current Prices in the year 2022-23 is estimated at ₹273.08 lakh crore, as against the Provisional Estimate of GDP for the year 2021-22 of ₹236.65 lakh crore, released on 31st May, 2022.