Growth and development

Indian Economy

Title

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Indian Economy - Understanding the basics of Indian economic system

According to the Economic Survey 2020 - 21, which one of the following will be India's real GDP growth in the year 2021 - 22 ?

This questions was previously asked in

EPFO AO EO 2021

11%

13%

15%

- The Economic Survey 2020-21 gave an estimate for India’s real GDP growth for the year 2021-22.

- The Survey projected India’s real GDP growth at 11% for 2021-22.

- This projection was based on the expectation of economic recovery after the pandemic-induced contraction in 2020-21.

- Option 1 (9%) is lower than the official estimate.

- Option 3 (13%) and Option 4 (15%) are higher and not quoted by the Survey.

- Correct Answer:

Option 2: 11%