2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to latest government notification, the GDP of second quarter shows how much growth rate?
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5 percent
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3.5 percent
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4.5 percent
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5.7 percent
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Explanation:
Detailed explanation-1: -India GDP Q2 Growth "Real GDP or GDP at Constant (2011-12) Prices in Q2 2022-23 is estimated at Rs 38.17 lakh crore, as against Rs 35.89 lakh crore in Q2 2021-22, showing a growth of 6.3 percent as compared to 8.4 percent in Q2 2021-22, ” stated govt’s press release on GPD numbers.
Detailed explanation-2: -Nominal GDP or GDP at Current Prices in Q2 2022-23 is estimated at ₹65.31 lakh crore, as against ₹56.20 lakh crore in Q2 2021-22, showing a growth of 16.2 percent as compared to 19.0 percent in Q2 2021-22. 5.
Detailed explanation-3: -The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.
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