New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In the fiscal year 2022-23, what was the Year-on-Year

    (YoY) growth rate of India's services sector?
    A 5.2% Correct Answer Incorrect Answer
    B 8.4% Correct Answer Incorrect Answer
    C 10.1% Correct Answer Incorrect Answer
    D 12.7% Correct Answer Incorrect Answer
    E 15.3% Correct Answer Incorrect Answer

    Solution

    The services sector accounts for 54 percent of India's Gross Value Added (GVA). The services sector made a remarkable recovery in the fiscal year 2022-23, posting a Year- on-Year (YoY) growth rate of 8.4%.

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