Question: GDP growth rate of India in FY22 as per SBI Ecowrap report?
(a) 7.8%
(b) 8.8%
(c) 8.3%
(d) 9.8%
Answer: (b)
Related Facts:
- The State Bank of India (SBI) Research Report, Ecowrap, has revised downwards the gross domestic product (GDP) growth rate of India for FY22 (2021-22) to 8.8%.
- Earlier this was estimated at 9.3%.
- The report projects the GDP to grow at 5.8% in the third quarter (Q3) of FY2021-2022 (October-December).
- The real GDP will be around Rs 2.35 lakh crore more or 1.6% higher than the FY20 real GDP of Rs 145.69 lakh crore.
BY: AMIT GUPTA