What was the real GDP Growth Rate of India in 2023-24, which was the highest in the previous 12 years, except for 2021-22?​

Correct option is B

The correct answer is: (B) 9.2%

Explanation:

• According to the First Revised Estimates released by the Government of India, the real GDP growth rate for 2023–24 was 9.2%, marking the highest annual growth in the previous 12 years—except for the exceptional rebound in 2021–22 .

Information Booster:

• The surge in growth was driven by robust performances in key sectors:

  • Manufacturing at 12.3%

  • Construction at 10.4%

  • Financial, real estate, and professional services at 10.3% .

• This level of growth significantly surpasses the 7.6% recorded in 2022–23 and the 6–7% range typical of pre-pandemic years .

• The only fiscal year that exceeded it in the past 12 years was 2021–22, which saw extraordinary 9.7% growth due to a low base effect post–COVID‑19 .