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

    Question

    What is the specific growth rate associated with the

    term "Hindu rate of growth"?
    A 1% Correct Answer Incorrect Answer
    B 2.5% Correct Answer Incorrect Answer
    C 3.5% Correct Answer Incorrect Answer
    D 5% Correct Answer Incorrect Answer

    Solution

    Hindu rate of growth is a term describing low Indian economic growth rates from the 1950s to the 1980s, which averaged around 4%. The term was coined by Raj Krishna, an Indian economist, in 1978 to describe the slow growth.

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