As per the recent NSO Data, what was India’s GDP growth rate in the first quarter (April-June) of this fiscal year 2022-23?
A
12.3 %
B
13.5 %
C
14.7 %
D
15.2 %
Answer:
The correct option is B. 13.5 %
Note
As per the recent data released by the National Statistical Office (NSO),
the Indian economy expanded at the quickest pace in a year. The Gross
Domestic Product (GDP) in the first quarter (April-June) of this fiscal year
grew by 13.5%. This is lower than RBI’s projections of 16.2% economic
growth. GVA for the first quarter of FY23 (April-June) has come in at 12.7%.