2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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7.2%
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7%
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7.5%
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8.1%
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Detailed explanation-1: -United Nations: India’s economic growth projected to decelerate to 6% in 2023 from 6.6% in 2022. As per the latest Trade and Development Report Update released by the United Nations Trade and Development Conference (UNCTAD), India’s economic growth is expected to slow down from 6.6% in 2022 to 6% in 2023.
Detailed explanation-2: -United Nations Conference on Trade and Development (UNCTAD) expects India’s real GDP growth in 2023 to decelerate to six per cent from 6.6 per cent in 2022.
Detailed explanation-3: -You’re reading. UNITED NATIONS: India’s economic growth is projected to decelerate to 6 per cent in 2023 from 6.6 per cent in 2022, according to the United Nations.
Detailed explanation-4: -With an average growth rate of 5.5% over the past decade, India has already become the fastest growing economy in the world and is set to double its current annual GDP of close to USD 3.5 trillion to USD 7 trillion by 2027 and to USD 10 trillion by 2030.
Detailed explanation-5: -India’s economic expansion moderates at the end of 2022 According to the Second Advance Estimates of National Income for 2022-23 released by India’s National Statistics Office, the GDP growth rate for the fiscal year (FY) 2022-23 is estimated at 7.0% compared with 9.1% in FY2021-22.