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Growth and Investment Outlook of India - Fastest growing major economy - Current Affairs 2018 Video Lecture | Indian Economy for Government Exams (Hindi) - Bank Exams
FAQs on Growth and Investment Outlook of India - Fastest growing major economy - Current Affairs 2018 Video Lecture - Indian Economy for Government Exams (Hindi) - Bank Exams
| 1. What is the current growth rate of India's economy? |  |
Ans. The current growth rate of India's economy is around 7-8% per year. India has been consistently ranked as the fastest growing major economy in the world.
| 2. What factors contribute to India's economic growth? | |
Ans. India's economic growth can be attributed to several factors including a young and growing workforce, a large consumer market, increasing foreign direct investment (FDI), government initiatives such as "Make in India" and "Digital India," and a focus on sectors like information technology, services, and manufacturing.
| 3. How does India's investment outlook look for the future? | |
Ans. India's investment outlook for the future is positive. The government has been implementing various reforms to attract both domestic and foreign investments. Additionally, sectors such as infrastructure, renewable energy, healthcare, and technology are expected to provide lucrative investment opportunities in the coming years.
| 4. What challenges does India face in sustaining its economic growth? | |
Ans. India faces several challenges in sustaining its economic growth, including income inequality, inadequate infrastructure, bureaucratic red tape, corruption, and a large informal sector. These challenges need to be addressed to ensure inclusive and sustainable growth.
| 5. How does India's economic growth compare to other major economies? | |
Ans. India's economic growth has outpaced many other major economies in recent years. While advanced economies like the United States and European countries have experienced slower growth rates, India's growth has remained robust. However, it is important to note that India's per capita income still lags behind many developed nations.
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Oct 31, 2024 Last updated |
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