2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2%
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6%
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4%
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5%
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Detailed explanation-1: -“A forecast of minus 5% for the year as a whole would be as deep as compared to the deepest recession India has witnessed since 1979.”
Detailed explanation-2: -Gross domestic product (GDP) may expand by 5.9% next year from an estimated 6.9% in 2022, Goldman Sachs economists wrote in a report.
Detailed explanation-3: -For 2023, it has pegged the GDP growth at 5.9% compared to projected expansion of 6.9% in 2022.
Detailed explanation-4: -The consequent depreciation of other currencies has been widening the CAD and increasing inflationary pressures in the net importing economies. India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally.
Detailed explanation-5: -Chief Economic Advisor, CEA Dr V. Anantha Nageswaran has said that the Indian economy is expected to grow at 6.5 per cent in 2023-24 and the range is projected between 6 to 6.8 per cent.