GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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GDP
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Population
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Foodgrains
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Per Capita Income
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Detailed explanation-1: -The Hindu rate of growth is a term coined by Indian economist Raj Krishna in 1978 and used by advocates of liberalisation referring to the annual growth rate of the economy of India before the economic reforms of 1991, which averaged at 4% from 1950s to 1980s.
Detailed explanation-2: -Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter.
Detailed explanation-3: -The economic growth rate is used to measure the comparative health of an economy over time. The numbers are usually compiled and reported quarterly and annually. In most cases, the economic growth rate measures the change in a nation’s gross domestic product (GDP).