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EconomyEasy

What was India's real GDP growth in the first quarter of 2026-27?

  1. A.6.9 per cent
  2. B.7.0 per cent
  3. C.7.8 per cent
  4. D.8.2 per cent

Correct answer

C. 7.8 per cent

Explanation

The correct answer is 7.8 per cent. Real GDP, that is GDP at constant prices, is estimated at ₹81.36 lakh crore for the first quarter of 2026-27, and that level represents growth of 7.8 per cent. The figure is the highest first-quarter growth recorded in the four years from 2023-24 onwards, and manufacturing and services carried it. Each wrong option is a real number from the same release, which is what makes them tempting. Option A is the growth rate of the first quarter of the previous year, so it is the base against which this quarter is compared. Option B is the Reserve Bank of India's projection for the quarter, which the outcome exceeded. Option D is the growth of real Gross Value Added, not of GDP; real GVA stood at ₹73.82 lakh crore. Keep the three apart: 7.0 was the forecast, 7.8 the GDP outcome and 8.2 the GVA outcome.

Read the full article: India's GDP Grows 7.8% in Q1 of 2026-27, Best in Four Years

Q2.EconomyMedium

Which expenditure component of real GDP recorded 11.9 per cent growth in the quarter?

  1. A.Private Final Consumption Expenditure
  2. B.Gross Fixed Capital Formation
  3. C.Government Final Consumption Expenditure
  4. D.Imports of goods and services
Show answer
Correct answer: B. Gross Fixed Capital Formation

It grew 11.9 per cent in the first quarter of 2026-27 against 5.8 per cent in the same quarter of the previous year, and that jump is the sharpest change among the expenditure components listed.

Q3.EconomyHard

Which statement about the revised national accounts estimates is correct?

  1. A.The new base year for price and production indices is 2022-23
  2. B.Growth for the three previous years was revised downwards
  3. C.The revision dropped the Output Producer Price Index
  4. D.Real GDP growth for 2025-26 was revised to 7.1 per cent
Show answer
Correct answer: A. The new base year for price and production indices is 2022-23

The annual revised estimates use new price and production indices on that base, including an Output Producer Price Index and a Banking Services Price Index, along with updated administrative data drawn from several sources.

Q4.EconomyMedium

What was the theme of the 14th India Chem 2026 held in Mumbai?

  1. A.Advantage Bharat: An Emerging Global Chemicals Hub
  2. B.Chemicals for a Viksit Bharat
  3. C.Green Chemistry, Green Growth
  4. D.Make in India, Mix in India
Show answer
Correct answer: A. Advantage Bharat: An Emerging Global Chemicals Hub

The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.