2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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9.3%
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9.1%
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9.5%
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9.7%
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Detailed explanation-1: -India Ratings and Research (Ind-Ra) has revised India’s real GDP growth projection for 2022-23 downwards to 6.9 per cent from 7 per cent estimated earlier.
Detailed explanation-2: -The growth in real GDP during 2022-23 is estimated at 7 per cent as compared to 8.7 per cent in 2021-22, it stated.
Detailed explanation-3: -"For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent. The downward revision assumes higher inflation, high-interest rates and slowing global growth will dampen economic momentum by more than we had previously expected,” the agency said in its Global Macro Outlook 2023-24.
Detailed explanation-4: -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. 5.