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Statement: In December 2024, the Indian government announced measures to achieve a GDP growth target of 6.5% to 7% for the current fiscal year. This decision followed slower-than-expected growth in the July-September quarter, attributed to weaker manufacturing and consumption sectors. The government plans to boost infrastructure spending and increase incentives for electric vehicle manufacturers to stimulate economic growth. Conclusions: I. The Indian government is proactively addressing the economic slowdown by implementing strategic measures. II. Enhancing infrastructure spending is expected to positively impact India's GDP growth. III. The slowdown in the July-September quarter was solely due to external global factors. Which of the above conclusions logically follows from the statement?
- Only I
- Only II
- Only III
- Only I and II
Correct answer: Only I and II
Solution
Conclusion I follows because the government is taking measures to address slower growth. Conclusion II follows because boosting infrastructure spending is presented as a stimulus measure. Conclusion III does not follow because the passage attributes the slowdown to weaker manufacturing and consumption, not solely external factors.
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