Statement: In December 2024, the Indian government announced measures to…
IBPS · 2024
Statement: In December 2024, the Indian government announced measures to achieve a GDP growth target of 6.5% to 7% for the current fiscal year. This decision followed slower-than-expected growth in the July-September quarter, attributed to weaker manufacturing and consumption sectors. The government plans to boost infrastructure spending and increase incentives for electric vehicle manufacturers to stimulate economic growth.
Conclusions:
I. The Indian government is proactively addressing the economic slowdown by implementing strategic measures.
II. Enhancing infrastructure spending is expected to positively impact India's GDP growth.
III. The slowdown in the July-September quarter was solely due to external global factors.
Which of the above conclusions logically follows with the statement?
- A.
Only I
- B.
Only II
- C.
Only III
- D.
Only I and II
- E.
Only II and III
Attempted by 20 students.
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Correct answer: D