2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the Calendar year 2022, what is the estimated growth rate of the Indian economy as per the United Nations’ report?
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5.4%
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6.7%
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7.5%
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8%
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Explanation:
Detailed explanation-1: -India’s gross domestic product (GDP) growth rate is projected to moderate to 5.8% in calendar year 2023 from an estimated 6.4% in 2022 as higher interest rates and a global economic slowdown weigh on investment and export performance, the United Nations said on Wednesday.
Detailed explanation-2: -NEW DELHI: India’s gross domestic product (GDP) growth is estimated at 7% for 2022-23 on the back of a rebound in services and farm sectors but may face strong headwinds in the months ahead due to the geopolitical situation and possible recession in several countries across the globe.
Detailed explanation-3: -$3.469 trillion (nominal; 2022 est.)
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