As per the data provided by the Ministry of Statistics and Programme Implementation, what per cent of growth has been registered in the GDP during the first quarter of the Financial Year 2021-22?
- AJust above 20%
- BJust below 15%
- CJust above 15%
- DJust below 20%
Solution & Step-by-step Explanation
According to the data released by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), India's Gross Domestic Product (GDP) registered a record growth rate of in the first quarter (Q1: April-June) of the Financial Year 2021-22, primarily driven by a low base effect from the previous year's pandemic lockdown. This value is just above 20%.