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The World Bank in its latest Global Economic Prospects report, cut its 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to 7.5 per cent, from 8 per cent. The cut was on the back of inflationary pressures, supply-chain pressures, and geopolitical tensions due to Russia’s invasion of Ukraine. Growth is expected to slow further to 7.1 per cent in 2023-24. World Bank also lowered its global growth forecast for calendar year 2022 to 2.9 per cent from 4.1 per cent. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports).
Which of the following are / is fundamental duties / duty in the Constitution of India?
1. An Indian citizen must develop scientific temper, h...
Which city is known as the hub of petrochemical industries in India?
Under which section of the Companies Act, 2013,companies are registered as non-profit organizations with the aim to promote arts, commerce, education, s...
In which state is Vishakhapatnam Port located?
Which Article of the Constitution of India provides for universal adult suffrage?
40% of 80 x. Find the value of 20% of x.
Consider the Following statements:
I. Affordability Index for H1 2022 was recently released by Knight Frank India.
II. Knight Frank India ...
Which of the following states won the ‘Best Tableau’ award at the 71st Republic Day parade in January 2020?
When was the first ‘Minning Policy’ in Uttarakhand State declared?
Recently the United Nations Conference on Trade and Development UNCTAD has released the Global Trade Update 2024, when was UNCTAD established?