10 Questions
What is the estimated growth rate of the Services sector in 2021-22?
8.2 per cent
What is the estimated growth rate of Total Consumption in 2021-22?
7.0 per cent
What is the estimated GDP growth rate for 2022-23?
8.0-8.5 per cent
What was the status of India's balance of payments during the pandemic?
Surplus
What is the equivalent of India's foreign exchange reserves in terms of months of merchandise imports?
13.2 months
What has been the impact of the COVID-19 pandemic on the world economy?
It has created challenging times for policy-making.
What was the Indian Government's immediate response to the pandemic?
To provide safety-nets to vulnerable sections of society and the business sector.
What is expected to happen to the Indian economy in 2021-22?
It will witness real GDP expansion of 9.2 per cent.
How did the 'second wave' of the pandemic affect the economy?
It had a smaller impact than the full lockdown phase in 2020-21.
What is the expected growth rate of the agriculture sector in 2021-22?
3.9 per cent
The COVID-19 pandemic has severely affected the global economy, with repeated waves of infection, supply-chain disruptions, and inflation. The Government of India has responded with various measures to mitigate the impact. Test your knowledge on the economic effects of the pandemic.
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