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Question

The trend of growth rate in manufacturing over the last two decades has been around ____________ percent per annum.

A
6
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B
7
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C
8
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D
9
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Solution

The correct option is B 7

India has achieved much in the last two decades. According to World Economic Forum reports, while growth averaged 4.4 percent a year during the decades 70s and 80s. Further, it accelerated to 5.5 percent during 90s and early 2000s. During las two decades it is around 7.1 percent. This growth is for aggregate GDP and also for per capita GDP. Thus option B is correct.


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