2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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8%
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9%
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7%
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10%
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Detailed explanation-1: -Growth in India is projected to slow to 6.9% in FY23, says World Bank. Gross domestic product (GDP) growth in India will slow to 6.6% in the financial year 2023-24 from 6.9% projected in the ongoing fiscal, according to the World Bank.
Detailed explanation-2: -The growth in real GDP during 2022-23 is estimated at 7.0% as compared to 8.7% in 2021-22,” the ministry said. The output of the manufacturing sector is estimated to decelerate to 1.6% as against a growth of 9.9% in FY22 while construction growth may moderate to 9% in FY23 from 11.5% in FY22.
Detailed explanation-3: -World Bank forecasts India’s FY23 GDP at 6.9%; warns of global recession. NEW DELHI: The World Bank on Tuesday retained India’s economic growth at 6.9% for financial year 2022-23.
Detailed explanation-4: -Real GDP growth is estimated at 7.0 per cent in 2022-23, according to the first advance estimate of the National Statistical Office (NSO).