CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Artificial Intelligence can add $500 bn to GDP by which year?
A
2024
B
2026
C
2023
D
2025
Explanation: 

Detailed explanation-1: -AI adoption will add $500 billion to GDP by 2025: Report.

Detailed explanation-2: -By 2030, AI technology will add $15.7 trillion to global gross domestic product (GDP). AI is everywhere - whether we’re aware of it or not. From displacement and hunger to infectious disease outbreaks and climate change, this technology has the potential to help us tackle some of the toughest global challenges.

Detailed explanation-3: -Data utilisation strategy and AI adoption to add $500 billion to India’s GDP by 2025: Nasscom report. The AI adoption in four key sectors – BFSI, consumer packaged goods (CPG) and retail, healthcare, and industrials/automotive – can contribute 60 percent of the total $ 500 billion opportunity.

Detailed explanation-4: -Economic Survey envisages Indian economy to grow at 6.5 % in 2023-24 fiscal; CEA says India to be 5 trillion dollar economy by 2025-26.

Detailed explanation-5: -India is expected to become a $7 trillion economy by 2030, Chief Economic Advisor V Anantha Nageswaran predicted on Tuesday.

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