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Indian Economy Sees Robust Growth Amidst Key Reforms and Trade Challenges

September 03, 2025

India's economy demonstrated strong performance with a 7.8% GDP growth in the first quarter, despite global economic uncertainties and trade challenges. The government is pushing forward with significant "next-generation" GST reforms aimed at simplifying the tax structure and reducing compliance burdens. Concurrently, the banking sector is being urged to play a pivotal role in fostering economic growth, particularly by supporting MSMEs, infrastructure, and financial inclusion. Trade discussions are underway to strategize against high US tariffs, while the semiconductor industry continues to be a focus area for growth.

Question 1 of 14

What was India's Gross Domestic Product (GDP) growth rate in the first quarter (April-June) of the current fiscal year?

A) 6.5% B) 7.0% C) 7.8% D) 8.2%

GK Ocean

Indian Economy Sees Robust Growth Amidst Key Reforms and Trade Challenges

Your Score: 0 / 0

What was India's Gross Domestic Product (GDP) growth rate in the first quarter (April-June) of the current fiscal year?

At which event did Prime Minister Narendra Modi announce India's impressive GDP growth figure?

The Prime Minister's reference to 'economic self-interest' from other nations was a veiled reference to:

Which of the following sectors was NOT explicitly mentioned as contributing to India's robust GDP growth in the first quarter?

Who revealed the upcoming 'next-generation' Goods and Services Tax (GST) reforms?

What are the proposed main tax slabs for the 'next-generation' GST reforms?

When is the crucial GST Council meeting scheduled to discuss the proposed reforms?

At which bank's 120th foundation day celebrations did President Droupadi Murmu emphasize the banking sector's 'pivotal role'?

President Droupadi Murmu urged banks to expand credit particularly for which two key areas?

Who is the Commerce Minister scheduled to meet with exporters to devise strategies to boost India's outbound shipments?

What significant challenge on the trade front is prompting the Commerce Minister's meeting with exporters?

According to the Prime Minister, which two factors are key drivers of global confidence in building the semiconductor future with India?

What was the trend observed in the Indian benchmark equity indices (Nifty 50 and Sensex) on Tuesday, as per the market news?

How did Foreign Portfolio Investors (FPIs) behave in the Indian market for the seventh consecutive session on Tuesday?

Indian Economy Sees Robust Growth Amidst Key Reforms and Trade Challenges

Your Score: 0 / 0

What was India's Gross Domestic Product (GDP) growth rate in the first quarter (April-June) of the current fiscal year?

At which event did Prime Minister Narendra Modi announce India's impressive GDP growth figure?

The Prime Minister's reference to 'economic self-interest' from other nations was a veiled reference to:

Which of the following sectors was NOT explicitly mentioned as contributing to India's robust GDP growth in the first quarter?

Who revealed the upcoming 'next-generation' Goods and Services Tax (GST) reforms?

What are the proposed main tax slabs for the 'next-generation' GST reforms?

When is the crucial GST Council meeting scheduled to discuss the proposed reforms?

At which bank's 120th foundation day celebrations did President Droupadi Murmu emphasize the banking sector's 'pivotal role'?

President Droupadi Murmu urged banks to expand credit particularly for which two key areas?

Who is the Commerce Minister scheduled to meet with exporters to devise strategies to boost India's outbound shipments?

What significant challenge on the trade front is prompting the Commerce Minister's meeting with exporters?

According to the Prime Minister, which two factors are key drivers of global confidence in building the semiconductor future with India?

What was the trend observed in the Indian benchmark equity indices (Nifty 50 and Sensex) on Tuesday, as per the market news?

How did Foreign Portfolio Investors (FPIs) behave in the Indian market for the seventh consecutive session on Tuesday?

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