2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Urban Co-operation Banks
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Foreign Banks
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Private Sector Banks
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Public sector Banks
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Detailed explanation-1: -The growth in real GDP during 2019-20 is estimated at 5.0 per cent as compared to the growth rate of 6.8 per cent in 2018-19. 4.
Detailed explanation-2: -"Real GDP or GDP at constant (2011-12) prices for the years 2019-20 and 2018-19 stands at ₹145.69 lakh crore and ₹140.03 lakh crore, respectively, showing growth of 4.0% during 2019-20 and 6.5% during 2018-19, ” National Statistical Office said in revised national account data released on Friday.
Detailed explanation-3: -Real GDP decreased 3.5 percent in 2020 (from the 2019 annual level to the 2020 annual level), compared with an increase of 2.2 percent in 2019 (table 1).
Detailed explanation-4: -Sector-wise GDP of India The services sector accounts for 53.89% of total India’s GVA of 179.15 lakh crore Indian rupees. With GVA of Rs. 46.44 lakh crore, the Industry sector contributes 25.92%. While Agriculture and allied sector share 20.19%.
Detailed explanation-5: -Real GDP growth for 2019-20 is revised downwards from 6.1 per cent in the October policy to 5.0 per cent – 4.9-5.5 per cent in H2 and 5.9-6.3 per cent for H1:2020-21.