India’s GDP for Q2 in 2015-2016 stood at 7.4%

Q.  India’s Q2 GDP was pegged at ____ percent compared to 7% in the previous quarter.
- Published on 01 Dec 15

a. 7.3
b. 7.4
c. 7.5
d. 7.6

India’s second quarter GDP grew at 7.4 percent as against 7% in the previous quarter boosted by a nominal increase in agriculture sector growth, which stood at 2.2 percent, compared to 1.9 percent QoQ. Mining sector grew at 3.2 percent versus 4 percent while manufacturing growth stood at 9.3 percent, compared to 7.9 percent QoQ.Growth in output of India's eight "core" sectors for the month of October was flat at 3.2 percent due to drop in crude oil and steel production. The growth remain unchanged when compared to the month of August. The eight core sector industries include coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity.

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