{"id":43934,"date":"2021-06-02T06:08:40","date_gmt":"2021-06-02T06:08:40","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=43934"},"modified":"2021-06-02T06:08:41","modified_gmt":"2021-06-02T06:08:41","slug":"which-of-the-following-statements-is-are-correct-with-reference-to-the-gross-domestic-product-gdp-growth","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/which-of-the-following-statements-is-are-correct-with-reference-to-the-gross-domestic-product-gdp-growth\/","title":{"rendered":"Which of the following statements is\/are correct with reference to the Gross Domestic Product (GDP) growth?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Which of the following statements is\/are correct with reference to the Gross Domestic Product (GDP) growth?<\/h2>\n\n\n\n<p>A. India\u2019s GDP contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office.<\/p>\n\n\n\n<p>B. Only two sectors bucked the trend of negative GVA growth are agriculture, forestry and fishing, which rose 3.6%, and electricity, gas, water supply and other utility services (up 1.9%).<\/p>\n\n\n\n<p><strong>C. Both A &amp; B<\/strong><\/p>\n\n\n\n<p>D. None of these<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Explanation:<\/h3>\n\n\n\n<p>India&#8217;s Gross Domestic Product (GDP) contracted 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office. It marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. Only two sectors bucked the trend of negative GVA growth \u2014 agriculture, forestry and fishing, which rose 3.6%, and electricity, gas, water supply and other utility services (up 1.9%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following statements is\/are correct with reference to the Gross Domestic Product (GDP) growth? A. India\u2019s GDP contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office. B. Only two sectors bucked the trend of negative GVA growth are agriculture, forestry and fishing, which rose 3.6%, [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":43914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1411],"tags":[],"class_list":["post-43934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-quiz-june-2021"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/43934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=43934"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/43934\/revisions"}],"predecessor-version":[{"id":43935,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/43934\/revisions\/43935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/43914"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=43934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=43934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=43934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}