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RAS question

India's GDP growth rate in FY 2024-25 (advance estimate) was approximately:

Correct answer: (D) 6.5%.

India's real GDP growth rate for FY 2024-25 was estimated at about 6.5% in the NSO advance estimates released by MoSPI.

  1. (A)

    7.5%

  2. (B)

    8.2%

  3. (C)

    5.5%

  4. (D)

    6.5%

Explanation

India's FY 2024-25 GDP growth was about 6.5%, as the National Statistics Office under the Ministry of Statistics and Programme Implementation estimated the growth rate of real GDP for 2024-25 at 6.5% in its advance estimates. That makes option D the closest and most defensible answer. The point tested here is not just the number, but the direction of change: growth moderated from the previous year's 8.2%, while the PIB release gives the 2024-25 estimate itself. In an exam setting, this is the kind of current macroeconomic figure where the official NSO/MoSPI estimate matters more than a newspaper approximation.

Why the other options are wrong

  • (A) 7.5% overstates the FY 2024-25 estimate; the official estimate cited for 2024-25 is 6.5%.
  • (B) 8.2% refers to the earlier FY 2023-24 growth figure, not the FY 2024-25 advance estimate asked in the question.
  • (C) 5.5% understates the advance estimate because NSO/MoSPI placed FY 2024-25 real GDP growth at 6.5%.

Concept

This tests national income estimates, especially GDP growth figures released by NSO/MoSPI. RAS repeatedly uses such data because macroeconomic indicators connect current affairs with the Indian Economy syllabus.

Source

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