Correct option is C
The Correct answer is(c) 7.8%
Explanation:
The Ministry of Statistics and Programme Implementation ( MoSPI) and the National Statistical Office (NSO) released the quarterly GDP estimates for Q1 (April-June) of the financial year 2025-26 on August 29, 2025.
Real GDP (Gross Domestic Product at constant prices) grew by a robust 7.8% year-on-year in Q1 FY 2025-26.
This growth rate was higher than the 6.5% recorded in the same quarter of the previous financial year (Q1 FY 2024-25) and exceeded many economists' forecasts.
Information Booster:
The 7.8% figure represented a five-quarter high for India's GDP growth.
The growth was primarily driven by the services sector (9.3% growth) and strong performance in manufacturing (7.7%) and construction (7.6%).
The Reserve Bank of India (RBI) had projected a lower growth rate of 6.5% for Q1 FY26 in its monetary policy review.
Nominal GDP (at current prices, including inflation) grew by 8.8% in Q1 FY 2025-26.
Additional Knowledge:
(a) 6.5%:
This was the real GDP growth rate for Q1 FY 2024-25, and also the RBI's forecast for Q1 FY 2025-26, which was eventually surpassed by the actual results.
(b) 7.0%:
This was the growth rate of Private Final Consumption Expenditure (PFCE) in Q1 FY 2025-26, not the overall GDP growth.
(d) 8.5%:
This figure is not directly associated with the Q1 FY 2025-26 GDP release data points mentioned in the official reports.