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Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at ____% ?
  • a)
    5.9%
  • b)
    6.0%
  • c)
    6.2%
  • d)
    6.3%
  • e)
    6.5%
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Central Statistics Office (CSO) has announced the first advance estima...
Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at 6.5% as compared to 7.1% in 2016-17. This has been the slowest growth in past four years as GDP growth was 7.1% in 2016-17, 8% in 2015-16 and 7.5% in 2014-15. GDP growth in first half of 2017-18 was only 6% owing to lingering effects of demonetisation in November 2016 and disruptions caused due to rollout of goods and services tax (GST) in July 2017. However, Chief statistician TCA Anant has stated that growth for second half (H2) of 2017-18 is expected to be around 7%. As per CSO estimates, growth in agriculture, forestry and fishing is likely to slow to 2.1% in 2017-18 as compared to 4.9% in 2016-17. Growth in manufacturing sector too is expected to slow down to 4.6% in current fiscal as compared to 7.9% in 2016-17.
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Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at ____% ?a)5.9%b)6.0%c)6.2%d)6.3%e)6.5%Correct answer is option 'E'. Can you explain this answer?
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Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at ____% ?a)5.9%b)6.0%c)6.2%d)6.3%e)6.5%Correct answer is option 'E'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at ____% ?a)5.9%b)6.0%c)6.2%d)6.3%e)6.5%Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at ____% ?a)5.9%b)6.0%c)6.2%d)6.3%e)6.5%Correct answer is option 'E'. Can you explain this answer?.
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