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

As per the IMF’s latest report, India is projected to grow at 7.3% in 2018 (October 2018). What is the name of this report?

A	Global Economic Prospects
B	Indian Economic Outlook
C	Asia At The Forefront
D	World Economic Outlook

Explanation:

Detailed explanation-1: -Description: After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. 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: -Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024. The forecast for 2023 is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook (WEO) but below the historical (2000–19) average of 3.8 percent.

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.

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