RBI Grade B Officers 2011 dec Paper

Question : 2 of 200

Marks: +1, -0

Which of the following statements about the Indian Economy in the last decade is Not Correct ?

The economy of India is the fourth largest in the world with GDP of about 4 trillion US $at Purchasing Power Parity (PPP).
Agriculture which was a major concern for the growth of the economy is now growing at an average of 7% per annum
A strong Balance of Payment (BOP) position in recent years has resulted in a comfortable stock of the foreign exchange reserves.
India has emerged as a global leader in software and business process outsourcing.
Indian economy has shown a remarkable average GDP growth of 6.8% during last ten years.

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