Loading...
Testwale Logo

FAQ

How long will it take for my account to be activated once the payment is made?

Once the payment is made, your account will be activated right away.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I reset my password?

For the users registered with their mobile number, follow the following steps for resetting your password: 1. You need to enter your mobile number on the log-in page. 2. Click "Forget Password", to get an OTP on your registered number. 3. Using the OTP received on your number, you can now reset your password.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I change the language of the article and quizzes?

We have a "Change Language" option in Test Series and Daily Quizzes. If you want the content (test and quiz) in Hindi/English language, go to Settings -> Change Language, to change your default language from Hindi to English or Vice-Versa.

I am unable to make payment for the pass.

In case of failure of a transaction before the amount deduction, we advise the student to try making the payment again. In case of transaction failure after amount deduction either access to the purchased product will be provided within few hours or we request the student to wait for 3 to 4 working days. The money will be credited back to his/her account.

I have made the payment but the tests are not unlocked.

Although rare, if so: You can directly mail us at [email protected] and we will resolve your issue.

What are all the payment methods allowed to buy a plan?

You can pay using: Credit Card/ Debit Card or Through: UPI and Netbanking.

What happens if I get disconnected during a test?

Don't worry! We auto-pause your test so, you can resume the test where you left. The test can also be manually paused by clicking on the "Pause" icon on the top left corner inside the timer circle. Please note: This function is not available in a Live Test.

What are the benefits of the subscription?

Here you will get access to test series and quizzes by top Educators. This will evaluate your learning and measure your progress.

  • Home
  • Current Affairs
  • DAILY CURRENT AFFAIRS:The Indian economy grew by 13.5% in the first quarter of the financial year 2022-23

The Indian economy grew by 13.5% in the first quarter of the financial year 2022-23

Tags: Economics/Business National News

The Indian economy grew by 13.5% in the April to June (2022-23) as compared to the same period last year. However it was below the Reserve Bank of India 16.2 % forecast  for the first quarter.

India still remains the fastest growing major economy in the world . The Chinese economy grew by 0.4% during April -June 2022.

The growth rate of the Indian economy in 2021-22 was 8.7%.

The data regarding the performance of the Indian economy in the first quarter of the fiscal year 20222-23 was released by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation on 31 st August 2022.

GDP  growth rate  at constant price(2011-12 base year) 

Sector of Economy

Growth rate of Q1(April-June) GDP in  2022-23

Agriculture 

4.5%

Industry

8.5%

Service sector 

17.6%

GDP

13.5%

Gross value Addition (GVA) 

12.7%

GVA=GDP + subsidies on products – taxes on products.

Nominal GDP

The Nominal GDP at Current Prices in Q1 2022-23 is estimated at Rs 64.95 lakh crore against Rs 51.27 lakh crore in Q1 2021-22, showing a growth of 26.7 per cent compared to 32.4 per cent a year ago.

 While calculating the nominal GDP the market price of goods and services are included. It makes no adjustment for inflation 

GDP at Constant Price or Real GDP

The Real Gross Domestic Product (GDP) at Constant Price  (2011-12) in Q1 2022-23 is estimated at  Rs 36.85 lakh crore, as against Rs 32.46 lakh crore in Q1 2021-22, showing a growth of 13.5.

While calculating the GDP at constant price the price rise in the goods and services due to inflation is not counted . Prices are fixed to a base year . It measures the actual increase in the production of goods and services . 

GDP at constant price is the best indicator to measure the growth of an economy.

Please Rate this article, so that we can improve the quality for you -

Search By Tags

Committee Festivals of India Russia-Ukraine Sports National Economy/Finance International Relations Government Schemes Popular Defence Books and Authors Science and Technology Summits Economics/Business Awards Person in news State News Important Days Sports News International News National News
serablock login_ch-testwale