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  • Question
  • What is the GDP rate of India for the year 2018-19 as per the report of World Bank?


  • Options
  • A. 7.2%
  • B. 7.3%
  • C. 7.4%
  • D. 7.5%

  • Correct Answer
  • 7.3% 

    Explanation
    The World Bank projected India' GDP, expected to grow at 7.3% in the fiscal year 2018-19, and 7.5% in the following two years. The Bank said India will continue to be the fastest growing major economy in the world. In India, the growth has accelerated, driven by an upswing in consumption, and investment growth has firmed as the effects of temporary factors wane, the World Bank said in its latest report. Domestic demand has strengthened as the benefits of structural reforms such as Goods and services Tax (GST) harmonization and bank recapitalization take effect. In 2018,China's Projection is 6.5 and 6.2% each in 2019 and 2020 and 6% in 2021, according to the January 2019 Global Economic Prospects report released by the World Bank. Strong domestic demand is envisioned to widen the current account deficit to 2.6 per cent of GDP next year. The World Bank's estimate suggest that India's potential growth rate is around 7%, and is expected to remain around 7%.

  • More questions

    • 1. Which bank launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles?

    • Options
    • A. Canara Bank
    • B. Axis Bank
    • C. HDFC Bank
    • D. State Bank of India
    • Discuss
    • 2. Which of the following become the first national legislative body in the world to declare a climate change emergency?

    • Options
    • A. Mexico
    • B. Italy
    • C. UK
    • D. India
    • Discuss
    • 3. When did the Rajasthan Diwas was observed?

    • Options
    • A. 29th March
    • B. 1st April
    • C. 30th March
    • D. 31st Mmarch
    • Discuss
    • 4. Which nation withdrews its nuclear agreement from JCPOA?

    • Options
    • A. Germany
    • B. Russia
    • C. Iran
    • D. France
    • Discuss
    • 5. Who has discovered an Earth-sized planet, HD 21749b using Transiting Exoplanet Survey Satellite?

    • Options
    • A. ISRO
    • B. NASA
    • C. SpaceX
    • D. JAXA
    • Discuss
    • 6. Name the Japanese unmanned spacecraft, that probes Asteroid Ryugu and discoverd small amount of minerals containing water on the surface of the asteroid?

    • Options
    • A. Hiten
    • B. Hayabusa2
    • C. Akatsuki
    • D. SELENE
    • Discuss
    • 7. Which of the following is the first Artificial Intelligence (AI) powered robot to fly in Space, which made an interaction with the spacefaring crew of International Space Station?

    • Options
    • A. CIMON
    • B. SFIB
    • C. RAID
    • D. IE
    • Discuss
    • 8. How much percent of life insurer's premium income was grown for the year 2019, as per Insurance Regulatory and Development Authority of India (IRDAI)?

    • Options
    • A. 15%
    • B. 14%
    • C. 13%
    • D. 11%
    • Discuss
    • 9. India bags __________ medals in World Dwarf Games.

    • Options
    • A. 37
    • B. 20
    • C. 28
    • D. 32
    • Discuss
    • 10. A leader who passed away recently was called the Nagaland's Gandhi?

    • Options
    • A. Arun Manilal Gandhi
    • B. Natwar Thakkar
    • C. T.R.Zeliang
    • D. Rajmohan Gandhi
    • Discuss


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