2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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10.0%
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11.2%
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9.5%
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9.9%
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Detailed explanation-1: -HDFC Bank expects the GDP growth for FY22 to be between 9% and 9.5%. Retail inflation declined to 4.35 per cent in September 2021, mainly due to lower food prices, according to government data released.
Detailed explanation-2: -The growth in real GDP during 2022-23 is estimated at 7 per cent as compared to 8.7 per cent in 2021-22, it stated.
Detailed explanation-3: -The World Bank has revised its 2022-23 GDP forecast upward to 6.9 percent from 6.5 percent (in October 2022), considering a strong outturn in India in the second quarter (July-September) of the 2022-23 financial year.
Detailed explanation-4: -India’s real GDP growth is expected to be at 6.9 per cent in FY22-23 compared to 8.7 per cent in FY21-22, according to World Bank’s latest India Development Update.
Detailed explanation-5: -The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.