2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the projected rate of growth of the Indian economy in the coming decade?
|
|
6%
|
|
|
7.5%
|
|
|
6.5%
|
|
|
4%
|
Explanation:
Detailed explanation-1: -The finance ministry’s Economic Survey has projected the economic growth to be 6.5 per cent in the 2023-24 fiscal beginning April 2023, while the RBI has projected India’s economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal.
Detailed explanation-2: -India’s growth projections are 5.4 percent in 2023 and 6.3 percent in 2024 based on calendar year.
Detailed explanation-3: -The Indian economy is expected to grow at 6.4% in FY 2024-25, an upgrade of 0.3 percentage points from the previous forecast. The South Asia region as whole is expected to grow at 5.6% this calendar year.
There is 1 question to complete.