EVERYDAY SCIENCE

Detailed explanation-1: -The Reserve Bank has projected India’s economic growth at 6.4 per cent for 2023-24, broadly in line with the estimate of the Economic Survey tabled in Parliament. Gross Domestic Product (GDP) growth is estimated at 7 per cent in 2022-23, according to the first advance estimate of the National Statistical Office (NSO).

Detailed explanation-2: -According to the World GDP Ranking 2023 list, India is the fifth largest economy in the world.

Detailed explanation-3: -India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally.