Q. 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?
Answer:
13.5 %
Notes: 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%.