18. The growth rates in India's GDP at market prices have been as follows. Find the average growth
in GDP
(Ans.: 5.68%)
Year. growth in gdp(%)
2000-01. 3.94
2001-02. 5.99
2002-03. 4.11
2003-04. 8.61
2004-05. 7.09
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Answer:
India has a high national debt with 68% of GDP, while its fiscal deficit remained at 3.4% of GDP. However, as per 2019 CAG report, the actual fiscal deficit is 5.85% of GDP.
...
Economy of India.
Statistics
GDP growth 7.0% (17/18) 6.1% (18/19e) 4.2% (19/20f) −3.2% (20/21f)
GDP per capita $2,338 (nominal; 2020 est.) $9,027 (PPP; 2020 est.)
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