2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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9.5 percent
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9.3 percent
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8.8 percent
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8.3 percent
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Detailed explanation-1: -The full year (FY22) GDP growth is now revised downwards to 8.8% from our earlier estimate of 9.3%. With this the real GDP will be around Rs 2.35 lakh crore more / 1.6% higher than the FY20 Real GDP of Rs 145.69 lakh crore.
Detailed explanation-2: -Representative image With the GDP data to be released on the 30th of November 2022, the SBI Ecowrap report estimates that Q2 FY23 GDP growth to be pegged at 5.8% . This comes in the backdrop of the IMF projecting Global Growth to slow down from 6% to 3.2% in 2022 and further to 2.3% in 2022.
Detailed explanation-3: -"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.
Detailed explanation-4: -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-5: -The full year (FY22) GDP growth is now revised downwards to 8.8 per cent from earlier estimate of 9.3 per cent. The real GDP will be around Rs 2.35 lakh crore more / 1.6 per cent higher than the FY20 real GDP of Rs 145.69 lakh crore.