2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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12.3 %
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15.2 %
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13.5 %
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14.7 %
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Detailed explanation-1: -4. Nominal GDP or GDP at Current Prices in Q1 2022-23 is estimated at ₹ 64.95 lakh crore, as against ₹ 51.27 lakh crore in Q1 2021-22, showing a growth of 26.7 percent as compared to 32.4 percent in Q1 2021-22.
Detailed explanation-2: -Q2 GDP Growth Rate India: While the GDP had expanded by 8.4 per cent in the corresponding quarter of 2021-22, it saw a growth of 13.5 per cent in the preceding April-June quarter of 2022-23.
Detailed explanation-3: -The International Monetary Fund (IMF) has also lowered India’s gross domestic product (GDP) growth projection for 2022-23 to 6.8% from the earlier 7.4%, citing the impact of a slowing global economy, stubborn inflation, rising interest rates and the Ukraine war.
Detailed explanation-4: -Nominal GDP (at current prices) in Q1 of 2022-23 is estimated at INR 64.95 lakh crore, showing a growth of 26.7 percent over the first quarter GDP in the last financial year.
Detailed explanation-5: -GDP at Constant (2011-12) Prices in April-September 2022-23 (H1 2022-23) is estimated at ₹75.02 lakh crore as against ₹68.36 lakh crores during the corresponding period of previous year, showing a growth of 9.7 percent in H1 2022-23 as against 13.7 percent during the same period last year.