Which of the following statements is/are correct with reference to the Second Advance Estimates of National Income, 2020-21?
Daily Current Affairs Quiz 28 February 2021 are very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC etc. We gkseries team compose these Daily Quiz Questions from Newspapers like The Hindu and other competitive magazines.

Which of the following statements is/are correct with reference to the Second Advance Estimates of National Income, 2020-21?

A. The growth in GDP during 2020-21 is estimated at -8.0 percent as compared to 4.0 percent in 2019-20.

B. The Per Capita Income at current prices during 2020-21 is estimated to be ₹ 127,768, showing a decline of 4.8 percent.

C. Both A & B

D. None of these

Explanation:

The growth in India’s real GDP during 2020-21 is estimated at -8 per cent as compared to the growth rate of 4.0 per cent in 2019-20, said government as part of its second advance estimates of the economic growth. The government had projected a GDP contraction of 7.7 per cent in its first advance estimate. The growth in GDP during 2020-21 is estimated at -8.0 percent as compared to 4.0 percent in 2019-20. The Per Capita Income at current prices during 2020-21 is estimated to be ₹ 127,768, showing a decline of 4.8 percent.
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