Current context: The National Statistical Office released the data for the GDP growth in the 3rd Quarter of 2019-20 on 28th February 2020.
a. 4.1%
b. 4.7%
c. 5.2%
d. 5.6%
- The NSO data showed that the GDP growth is 4.7% during the third quarter of 2019-20, which is slowest since the 4.3% expansion in the January-March quarter of 2012-13.
- The fall in the GDP growth rate in Q3 has dragged the Indian economy to a 7-year low now.
- The GDP growth is improved marginally by 0.2% as compared to growth in the second quarter of 2019-20 at 4.5%.
- The GDP growth rate for the first quarter of 2019-20 has been revised to 5.6%, and for the second quarter to 5.1%.
- The slowdown is mainly caused by a contraction in manufacturing and electricity (Power) sector.
Question:
Q.1 What is the GDP growth in the 3rd Quarter of 2019-20, released by the National Statistical Office?a. 4.1%
b. 4.7%
c. 5.2%
d. 5.6%
