2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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7.2%
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8.1%
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6.7%
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9.1%
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Detailed explanation-1: -India’s real GDP is expected to grow by seven per cent in 2022-23 and by 6.4 per cent in 2023-24, as per Morgan Stanley.
Detailed explanation-2: -India’s GDP had grown at 8.7% in the year ending 31 March, 2022. The country’s nominal GDP growth for FY23 is estimated at 15.4% as against 19.5% in FY22, the Ministry of Statistics & Programme Implementation said in a statement.
Detailed explanation-3: -NEW DELHI, Jan 31 (Reuters) - India forecast economic growth of 6% to 6.8% in the 2023/24 fiscal year, slowing from the 7% growth projected for the current year ending on March 31, as a global slowdown is likely to hurt exports.
Detailed explanation-4: -“We have revised down our forecast for real gross domestic product growth to 7 per cent for fiscal 2023 from 7.3 per cent, primarily because of the slowdown in global growth that has started to impact our exports and industrial activity.