65th B.P.S.C. (Re-Exam) (Pre) 2020

In India, what percentage did the growth rate of fixed or definite investment increase from 2017-18 to reach 10% (Provisional) 2018-19?

a8%
b9.3%✓ Correct
c9.8%
d8.4%
eNone of the above/More than one of the above

Explanation

India, the growth rate of fixed investment increased from 8.3 percent in 2016–17 to 9.3 percent in 2017–18, and further reach to 10.0 percent in 2018–19. According to the Economic Survey 2024–25, at constant prices (2011–12), the growth rate of Gross Fixed Capital Formation (GFCF) declined from 10.1 percent in the first half of Financial Year 2024 to 6.4 percent in the second half of Financial Year 2024. For Financial Year 2024–25 (Second Advance Estimates), it is 6.1 percent.

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