Question Bank - Banking & Financial Services

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The Finance minister while presenting the Union Budget 2022, mentioned that the country's economy is expected to grow at what percent in the coming year?

A.
8.27%
B.
9.06%
C.
9.13%
D.
9.27%

Solution:

The correct answer is 9. 27%. Nirmala Sitharaman presented the Union Budget 2022-2023 for the fourth consecutive year. While presenting the budget Nirmala Sitharaman said that India is expected to grow at 9. 27% in the coming year. Nirmala Sitharaman mentioned that the Union Budget 2022-23 presents blueprint of economy from [email protected] to [email protected]. The blueprint is based on four pillars of development namely:Inclusive DevelopmentProductivity EnhancementEnergy TransitionClimate ActionThe Union Budget estimates the effective capital expenditure of the Central Government for the year 2022-23 at Rs10. 68 lakh crore. Nirmala Sitharaman also mentioned that RBI will launch digital rupee using blockchain technology starting from 2022-23.

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