FORESTRY
FOREST POLICY AND GOVERNANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the statements is true regarding PNG’s economic status:
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LIC with a GDP of $21.09 billion USD (2017)
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HIC with a GDP of $21.09 billion USD (2017)
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LIC with a GDP of $1200 billion USD (2017)
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MIC with a GDP of $256 billion USD (2017)
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Explanation:
Detailed explanation-1: -The economy grew at 7.82 per cent in 2022-23 which is higher than pre-COVID average growth of 7.1 percent (2012-13 to 2019-20). Industry and service sectors have been the major engines of economic growth in the State in the recent years. Odisha has achieved impressive growth in the last two decades.
Detailed explanation-2: -Odisha’s per capita income (2022-23 AE) also rose to ₹150, 676 at current prices from ₹1, 27383. The report said in the last 7 years, the state has successively reduced the gap between Odisha’s per capita income and per capita income at the all-India level from 31.6 % in 2015-16 to 12 % in 2022-23.
There is 1 question to complete.