As per Economic Survey 2020-2021, India’s real GDP is estimated to grow by ______ in financial year 2021-22.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 11%
Other Information-
- According to the Economic Survey 2020-2021, India's real GDP is projected to grow by 11% in the fiscal year 2021-22.
- In the third quarter of the financial year (October-December), the economic growth rate i.e. GDP was 5.4 percent.
- The country's GDP growth rate stood at 20.1 percent in the April-June quarter and 8.4 percent in the July-September quarter. GDP growth for the financial year 2021-22 was recorded at 8.7 percent.
- The Indian economy is projected to register a true growth of 9.2 per cent in 2021-22 from 7.3 per cent in 2020-21.