8%
7%
6%
5%
Answer is Right!
Answer is Wrong!
The correct answer is (b) 7%.
India’s economic growth in financial year 2013-14 was 7.4%, which was the slowest in four years. The main reason for the slowdown was the decline in investment, which was affected by the global economic slowdown and the domestic policy uncertainty. The other factors that contributed to the slowdown were the decline in exports and the rise in inflation.
Option (a) is incorrect because the economic growth of India in financial year 2013-14 was 7.4%, not 8%.
Option (c) is incorrect because the economic growth of India in financial year 2013-14 was 7.4%, not 6%.
Option (d) is incorrect because the economic growth of India in financial year 2013-14 was 7.4%, not 5%.