2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India’s GDP growth may slide to how much percent in 2019-20 according to SBI Ecowrap report?
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4.1%
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1.1%
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3.1%
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2.1%
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Explanation:
Detailed explanation-1: -GDP GROWTH IS ESTIMATED AT 5.8% IN Q3 FY22 This may be revised in the second advance estimate, which is scheduled to be released on 28 Feb’22 along with the Q3 numbers. FY22, which is consisting of 6.0% in Q3 and 5.9% in Q4 (based on Fan chart).
Detailed explanation-2: -GD GROWTH & OUTLOOK: Q2FY23 4.7% in 2021 to 8.8% in 2022 but will decline to 6.5% in 2023 and to 4.1% by 2024.
Detailed explanation-3: -India’s output will expand 7% in fiscal year 2022-2023 and 6% in next fiscal year, ” S&P Global Ratings Asia-Pacific chief economist Louis Kuijs said. Meanwhile, SBI Research expects FY23 economic growth at 6.8% as against the RBI’s projection of 7%. In addition, it estimated Q2FY23 growth at 5.8%.
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