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Question

General Knowledge Question on Economics

For attaining 9% growth rate during 11th Plan, investment level has been estimated to be

A

30% of GDP

B

25% of GDP

C

20% of GDP

D

35% of GDP

Answer

30% of GDP

Explanation

Solution

Gross Domestic Product (GDP) is the total monetary value of all final goods and services produced within a country's borders in a specific period of time (usually a year). It's a key indicator of a nation's economic health and growth.

The correct option is (A): 30% of GDP