Economy

Q1:

What was the growth rate of India's GDP in FY24, according to the National Statistical Office?

A 7.8%

B 7.2%

C 8.2%

D 6.9%

ANS:C - 8.2%

According to the National Statistical Office (NSO), India's GDP growth rate for the fiscal year 2023-24 was reported to be 6.7%. This growth rate reflects a continuation of India's robust economic expansion despite global and domestic challenges. The figure represents a slight moderation from previous years but still highlights India's resilience and capacity for economic growth amidst fluctuating global economic conditions. The NSO's data indicates that various sectors, including services, manufacturing, and agriculture, contributed to this growth, supported by government policies, investment inflows, and consumer demand. The 6.7% growth rate underscores the ongoing efforts to maintain economic momentum and achieve sustainable development goals. It also provides a positive outlook on India's economic performance, showcasing its ability to navigate through complex economic environments and continue on a path of progress. The reported growth rate is an important indicator of India's economic health and its potential for future expansion in the global marketplace.



img not found
img

For help Students Orientation
Mcqs Questions

One stop destination for examination, preparation, recruitment, and more. Specially designed online test to solve all your preparation worries. Go wherever you want to and practice whenever you want, using the online test platform.