Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 1193)
1193.
As per the Trade and Development Report of UNCTAD, what is the GDP growth of India for 2018?
Answer: Option
Explanation:
The United Nations Conference on Trade and Development (UNCTAD) in its Trade and Development Report predicted the GDP growth of India for 2018 to be at 7%. Previously in 2017, it was 6.2%. According to the report, India's GDP grew 8.2% in the April-June quarter especially due to manufacturing and better farm sector performance. The main reasons for overall 7% growth are: Expansion in services and higher demand for exports.
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