According to the International Monetary Fund (IMF), India is projected to grow at.....in 2018 as against Chinas 6.8%, making it the fastest growing country among the emerging economies.

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to the International Monetary Fund (IMF), India is projected to grow at____in 2018 as against China’s 6.8%, making it the fastest growing country among the emerging economies.

A	7.10%
B	7.80%
C	7.60%
D	7.40%

Explanation:

Detailed explanation-1: -Global growth is now projected to slow from 3.6 percent in 2018 to 3.3 percent in 2019, before returning to 3.6 percent in 2020.

Detailed explanation-2: -“Growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds, ” said the IMF’s World Economic Outlook update.

Detailed explanation-3: -The International Monetary Fund (IMF) has retained India’s FY23 growth forecast at 6.8%, terming the country a bright spot and major engine of growth amid an expected fall in global growth to 2.9% in 2023 from an estimated 3.4% in 2022.

There is 1 question to complete.