2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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6.9%
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9%
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7.1%
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10.9%
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Detailed explanation-1: -Real GDP is projected to grow at 6.8 percent and 6.1 percent in FY2022/23 and FY2023/24 respectively. Reflecting broad‑based price pressures, inflation is projected at 6.9 percent in FY2022/2023 and is expected to moderate only gradually over the next year.
Detailed explanation-2: -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.
Detailed explanation-3: -"Growth in India is set to decline from 6.8 percent in 2022 to 6.1 percent in 2023 before picking up to 6.8 percent in 2024, with resilient domestic demand despite external headwinds, ” said the IMF’s World Economic Outlook update.
Detailed explanation-4: -The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall from an estimated 3.4% in 2022 to 2.9% in 2023, then rise to 3.1% in 2024.
Detailed explanation-5: -IMF cuts India’s FY 2022-23 growth forecast to 6.8%