CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Based on the latest Economic Outlook Survey report released by FICCI, India’s GDP is projected to grow _________ percent in FY 17
A
7.3
B
5.9
C
8.1
D
6.8
Explanation: 

Detailed explanation-1: -India’s GDP to grow 7.4% in 2022-23: FICCI survery | 5paisa Blog.

Detailed explanation-2: -The latest round of FICCI’s Economic Outlook Survey puts forth an annual median GDP growth forecast for 2022-23 at 7.0 percent-with a minimum and maximum growth estimate of 6.5 percent and 7.3 percent respectively.

Detailed explanation-3: -The International Monetary Fund (IMF) has also lowered India’s gross domestic product (GDP) growth projection for 2022-23 to 6.8% from the earlier 7.4%, citing the impact of a slowing global economy, stubborn inflation, rising interest rates and the Ukraine war.

Detailed explanation-4: -The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.

There is 1 question to complete.