2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
According to the latest report of Valda Bank, India’s GDP during the year 2018-19 What is the likely growth rate?
|
|
8.2 percent
|
|
|
7.5 percent
|
|
|
7.3 percent
|
|
|
7.8 percent
|
Explanation:
Detailed explanation-1: -“Real GDP or GDP at constant (2011-12) prices for the years 2019-20 and 2018-19 stands at Rs 145.69 trillion and Rs 140.03 trillion, respectively, showing a growth of 4.0 per cent during 2019-20 and 6.5 per cent during 2018-19, ” National Statistical Office said in revised national account data.
Detailed explanation-2: -World Bank forecasts India GDP growth rate at 7.3% in 2018-19.
Detailed explanation-3: -For information on updates to GDP, see the “Additional Information” section that follows. Real GDP increased 2.3 percent in 2019 (from the 2018 annual level to the 2019 annual level), compared with an increase of 2.9 percent in 2018 (table 1).
There is 1 question to complete.