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    Question

      According to the Union Budget 2023-24, consider the following statements.  

    1. As per the First Advance Estimates (FAE) of National Income, 2022-23, India’s Real GDP is projected to grow by 7 per cent (y-o-y).

    2. Nominal GDP is projected to grow by 15.4 per cent (y-o-y) in FY 2022-23.

    3. The government has continued to support the investment activity with capital expenditure reaching 4.5 lakh crore during April-November 2022,  

    Which of the above statements is/are correct?

    A 1 and 2 only Correct Answer Incorrect Answer
    B 1 and 3 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E 3 only Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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