IMF in its 2016 October World Economic Outlook (WEO) projected the Indias growth in 2016 at

2016

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

IMF in its 2016 October World Economic Outlook (WEO) projected the India’s growth in 2016 at

A	6.9 percent
B	7.3 percent
C	7.6 percent
D	8.3 percent

Explanation:

Detailed explanation-1: -IMF World Economic Outlook (WEO), October 2016: Subdued Demand: Symptoms and Remedies. Description: Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017.

Detailed explanation-2: -In its update to the World Economic Outlook (WEO) released in October, IMF said India is likely to grow 6.6% in 2016-17, against its earlier estimate of 7.6%. IMF said the Chinese economy grew by 6.7% in 2016 as against the previously projected 6.6%.

Detailed explanation-3: -“Growth in India is set to decline from 6.8% in 2022-23 to 6.1% in 2023-24, before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds, ” according to the IMF World Economic Outlook update, titled Inflation Peaking amid Low growth.

Detailed explanation-4: -“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.

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