What was the GDP growth rate of India in the fiscal year 2022-2023? (2023)
Practice Questions
1 question
Q1
What was the GDP growth rate of India in the fiscal year 2022-2023? (2023)
6.8%
7.2%
8.5%
5.5%
India's GDP growth rate for the fiscal year 2022-2023 was approximately 7.2%.
Questions & Step-by-step Solutions
1 item
Q
Q: What was the GDP growth rate of India in the fiscal year 2022-2023? (2023)
Solution: India's GDP growth rate for the fiscal year 2022-2023 was approximately 7.2%.
Steps: 5
Step 1: Understand what GDP growth rate means. It is the percentage increase in the value of all goods and services produced in a country over a specific period.
Step 2: Identify the fiscal year in question, which is 2022-2023. This means we are looking at the economic performance of India during that time.
Step 3: Look for reliable sources of economic data, such as government reports or financial news articles, to find the GDP growth rate for India.
Step 4: Find the reported GDP growth rate for India for the fiscal year 2022-2023.
Step 5: Confirm that the GDP growth rate for India in that fiscal year is approximately 7.2%.