2018
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
7.3 %
|
|
|
7.4 %
|
|
|
8.5 %
|
|
|
8.6 %
|
Detailed explanation-1: -In its latest report Asia and Pacific Regional Economic Outlook, the International Monetary Fund (IMF) reaffirmed that India will be the fastest-growing major economy in 2018, with a growth rate of 7. 4% that rises to 7.
Detailed explanation-2: -Description: Global growth is projected to reach 3.9 percent in 2018 and 2019, in line with the forecast of the April 2018 World Economic Outlook (WEO), but the expansion is becoming less even, and risks to the outlook are mounting.
Detailed explanation-3: -World Economic Outlook, October 2018: Challenges to Steady Growth. Description: The steady expansion under way since mid-2016 continues, with global growth for 2018–19 projected to remain at its 2017 level.
Detailed explanation-4: -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.