Question

Indian Economy has witnessed highest growth rate in GDP in the year:

  1. 2003-04
  2. 2004-05
  3. 2005-06
  4. 2006-07

Answer:

Option D: 2006-07

Detailed Solution:

The correct answer is “2006-07”.

The Indian economy experienced its highest GDP growth rate in 2006-07 at 10.08% in terms of factor cost.