CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The FICCI has projected India’s GDP growth rate for 2021-22 at what percent in its latest Economic Outlook Survey?
A
7.1%
B
10.8%
C
9.1%
D
8.6%
Explanation: 

Detailed explanation-1: -The latest round of FICCI’s Economic Outlook Survey puts forth an annual median GDP growth forecast for 2021-22 at 9.0%.

Detailed explanation-2: -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-3: -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-4: -India’s GDP to grow 7.4% in 2022-23: FICCI survery | 5paisa Blog.

Detailed explanation-5: -The highlights of the Economic Survey are as follows: State of the Economy: Indian economy estimated to grow by 9.2 percent in real terms in 2021-22 (as per first advanced estimates) subsequent to a contraction of 7.3 percent in 2020-21. GDP projected to grow by 8- 8.5 percent in real terms in 2022-23.

There is 1 question to complete.