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

As per the HSBC report, India’s growth rate is expected to accelerate at around 6.5 percent in 2017-18 and is likely to improve further to 7.6 percent by 2019-20. Where is the headoffice of HSBC?

A	Hong Kong
B	Nairobi
C	London
D	Vienna

Explanation:

Detailed explanation-1: -We expect India to grow in the range of 6.5%–6.9% in FY 2022–23 and 5.8%–6.3% in FY 2023–24.

Detailed explanation-2: -Moody’s Cuts India’s 2022 GDP Growth Forecast to 7%, Sees 2023 Growth at 4.8% The ratings agency took into account higher inflation, high interest rates and slowing global growth that, it believes, will dampen economic momentum more than it had expected.

Detailed explanation-3: -Modi appeals to states to follow fiscal discipline Moody’s Investors Service slashed India’s GDP growth projection from 8.3% in 2021 to 7.7% in 2022 and projected it to decelerate further to 5.2% in 2023.

Detailed explanation-4: -Moody’s Investors Service on Friday lowered India’s economic growth projection for 2022 to 7% from 7.7% earlier.

There is 1 question to complete.