Question
Identify the incorrect statements regarding the impact
of note ban, GST, and COVID- 19: 1. Economic loss was estimated at 4. 3% of GDP or βΉ11. 3 lakh crore in 2022- 23. 2. The informal sector saw the closure of 63 lakh enterprises and a loss of 1. 6 crore jobs between 2015- 16 and 2022- 23. 3. The real GVA of unincorporated firms in manufacturing, trade, and other services rose to βΉ9. 51 lakh crore in FY23.Solution
The real GVA of unincorporated firms in manufacturing, trade, and other services fell to βΉ9. 51 lakh crore in FY23, not rose.
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