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As of November 2026, according to the Reserve Bank of India’s Monetary Policy Report of October 2026,…

In the Reserve Bank of India’s October 2026 Monetary Policy Report, real services GVA, including construction, grew by 11.0% in Q4 of 2025–26, 9.7% in Q1 of 2026–27, 9.6% in…

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As of November 2026, according to the Reserve Bank of India’s Monetary Policy Report of October 2026, arrange the following quarters in descending order of India’s year-on-year real GVA growth in services, including construction.

(a) Q3 of 2025–26
(b) Q1 of 2026–27
(c) Q2 of 2025–26
(d) Q4 of 2025–26

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Answer and explanation

Correct answer D

In the Reserve Bank of India’s October 2026 Monetary Policy Report, real services GVA, including construction, grew by 11.0% in Q4 of 2025–26, 9.7% in Q1 of 2026–27, 9.6% in Q3 of 2025–26 and 8.9% in Q2 of 2025–26. The two middle quarters differ by 0.1 percentage point.

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