Question

The National Statistical Office (NSO) has released the estimates of Gross Domestic Product (GDP) for the April-June quarter (Q1) of 2023-24, both at Constant (2011-12) and Current Prices.  Real GDP or GDP at Constant (2011-12) Prices in Q1 2023-24 is estimated to attain a level of__________, as against ₹ 37.44 lakh crore in Q1 2022-23.

A Rs.38.12 lakh crore Correct Answer Incorrect Answer
B Rs.39.56 lakh crore Correct Answer Incorrect Answer
C Rs.40.37 lakh crore Correct Answer Incorrect Answer
D Rs.42.88 lakh crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the April-June quarter (Q1) of 2023-24, both at Constant (2011-12) and Current Prices.  Real GDP or GDP at Constant (2011-12) Prices in Q1 2023-24 is estimated to attain a level of ₹ 40.37 lakh crore, as against ₹ 37.44 lakh crore in Q1 2022-23    Nominal GDP or GDP at Current Prices in Q1 2023-24 is estimated at ₹ 70.67 lakh crore, as against ₹ 65.42 lakh crore in Q1 2022-23.

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