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India’s GDP would grow at what percent in 2018-19, as per the first advance estimates of National Income at Constant (2011-12) and Current Prices, for the financial year 2018-2019, released by Central Statistics Office (CSO)?
  • a)
    7.6 %
  • b)
    7.2 %
  • c)
    7.4 %
  • d)
    7.7 %
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
India’s GDP would grow at what percent in 2018-19, as per the fi...
On 7th January 2019, the Central Statistics Office (CSO) under the Ministry of Statistics and Programme Implementation has released the first advance estimates of National Income at Constant (2011-12) and Current Prices, for the financial year 2018-2019. India’s GDP would grow at 7.2% in 2018-19, showing acceleration from 6.7% growth in 2017-18 because of push from agriculture and manufacturing sectors. It is likely to attain a level of Rs. 139.52 lakh crore. Real GVA (Gross Value Added) is anticipated to grow at 7% in the current fiscal as against 6.5% in 2017-18. It is is anticipated to reach Rs.128.09 lakh crore in 2018-19.
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