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      Question

        According to the Union Budget 2023-24, consider the

      following statements.   1. As per the First Advance Estimates (FAE) of National Income, 2022-23, India’s Real GDP is projected to grow by 7 per cent (y-o-y). 2. Nominal GDP is projected to grow by 15.4 per cent (y-o-y) in FY 2022-23. 3. The government has continued to support the investment activity with capital expenditure reaching 4.5 lakh crore during April-November 2022,   Which of the above statements is/are correct?
      A 1 and 2 only Correct Answer Incorrect Answer
      B 1 and 3 only Correct Answer Incorrect Answer
      C 2 and 3 only Correct Answer Incorrect Answer
      D 1, 2 and 3 Correct Answer Incorrect Answer
      E 3 only Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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