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SSC CGL 2022 PYQ — Question 46

SSC CGL - 18 April 2022 - Shift 2 • General Awareness • Q46

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According to Economic Survey 2020-2021, India’s real GDP is projected to record ______ growth in the Fiscal Year 2021-22.

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Correct answer: C

Explanation

The correct answer is option 3 i.e. 11.0%

Other Information-

  • According to the Economic Survey 2020-2021, India's real GDP is estimated to grow by a record 11.0% in the financial year 2021-22.
  •  According to this, India's real GDP growth rate will be 11 percent and nominal GDP growth rate will be 15.4 percent.
  • India's Current Account Surplus to be 2% of GDP in FY2021, historical highest level after 17 years
  • The Economic Survey states that India's GDP growth rate in the financial year 2020-21 is estimated to be (-) 7.7 percent. This has been estimated considering the sharp decline in GDP of 15.7 per cent in the first half and a meager decline of 0.1 per cent in the second half.