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      Question

      As per the ‘Market for Textiles & Clothing: National

      Household Survey 2024’, what was the Compound Annual Growth Rate (CAGR) recorded for domestic demand for textiles in India between 2010 and 2024?
      A 6.5% Correct Answer Incorrect Answer
      B 7.2% Correct Answer Incorrect Answer
      C 7.8% Correct Answer Incorrect Answer
      D 8.3% Correct Answer Incorrect Answer
      E 9.1% Correct Answer Incorrect Answer

      Solution

      The survey report released by Union Minister Giriraj Singh on April 6, 2026, stated that the domestic demand for textiles grew from Rs 4.89 lakh crore in 2010 to Rs 14.95 lakh crore in 2024. This growth recorded a Compound Annual Growth Rate (CAGR) of 8.3% over the 14-year period.

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