Question
The data table below shows India's economic increase and decrease. Using the data table below 1. Provide a well-detailed explanation of the activities on each
The data table below shows India's economic increase and decrease.
Using the data table below
1. Provide a well-detailed explanation of the activities on each of the variables in the 5 years period represented in the table. That is; discusses the increase and decrease in the different variables number from 1 - 8 in the data table below.
2. Discuss why the variables on the data table are important to the people in India
3. Write extensively about the banking system of India and discuss the relationship between the banking system and the values in the table
DATA TABLE AND VISUAL REPRESENTATION VARIABLE / YEAR 2017 2018 2020 5 YEARS S# 2019 2021 AVERAGE 1 Real GDP / Capita (INR - BILLIONS 2.651.47 2.702.93 2.831.55 2.667.69 3.173.40 2 805.41 2 Growth rate of Real GDP / Capita 6.80% 6.45% 3.74% -6.60% 8.95% 3.87% 3 Inflation Rate 3.33% 3.94% 3.73% 6.62% 5.13%% 4.55% 4 Unemployment Rate 5.36% 5.33% 5.27% 8% 5.98% 5.99% 5 Interest Rate 5.33% 5.36% 6.91% 3.36 -0.82% 4.03% 6 Bank Rate 9.58% 9.45% 9.41% 9.16% 8.80% 9.28% 7 73.56 75.99 71.00 Exchange Rate 64.06 70.27 71.13 Comp. USD $ Comp USD $ Comp USD $ Comp. USD S Comp. USD $ Comp USD $ 8 Supply of Money M1 (INR - BILLIONS) 23,872.61 31,734.36 35,790.30 41,497.32 47,665.05 36.111.93Step by Step Solution
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