Multiple choice general knowledge

The annual growth rate of the Indian Economy at 1999-2000 prices during 2005-2006 has been estimated between .

  1. 5-6%

  2. 7-8%

  3. 6-7%

  4. 8-9%

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to the Economic Survey 2005-06, India's GDP growth at 1999-2000 prices was estimated to be 8.4% for 2005-06 (later revised to 8.5% or higher). This placed the growth rate firmly in the 8-9% range, making option D correct. This was part of India's high growth phase post-2003 reforms. The 5-6%, 6-7%, and 7-8% ranges were too low for this particular year.