Table of Contents
- Key drivers:
- Manufacturing GVA grew 0.6% growth compared to a contraction of more than 39% in the first quarter.
- Electricity grew at 4.4% while agriculture grew at more than 3%.
- Key Laggards:
- Construction GVA declined by more than 8%.
- Trade & hotels contracted by over 15%
Challenges
- RBI governor Shaktikanta Das cautioned about demand sustainability amid optimism over faster-than-expected rebound in the economy.
- He pointed to a surge in infections as a downside risk to the economic rebound that only gained momentum in the present quarter.
Q) Which of the following is about GVA?
- It gives whole picture of economy.
- It broadly reflects supply/production side of economy.
- 1 only
- 2 only
- Both 1 & 2
- None of the above
Q) Gross domestic savings of which one of the following is highest?
- Public sector underakings
- Public sector banks
- Private Corporate sector
- Private Household sector
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