Q2 GDP Minus 7.5% – Burning Issues – Free PDF Download

• 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?

1. It gives whole picture of economy.
2. It broadly reflects supply/production side of economy.

1. 1 only
2. 2 only
3. Both 1 & 2
4. None of the above

Q) Gross domestic savings of which one of the following is highest?

1. Public sector underakings
2. Public sector banks
3. Private Corporate sector
4. Private Household sector

Latest Burning Issues | Free PDF

Sharing is caring!