2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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6.1%
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7.0%
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8.1%
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9.3%
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Detailed explanation-1: -“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-2: -The global economy is projected to grow at 3.5 percent in 2019 and 3.6 percent in 2020, 0.2 and 0.1 percentage point below last October’s projections.
Detailed explanation-3: -The Indian economy is expected to grow by 6.1 per cent in 2023, which is 0.7 percentage points lower than 6.8 per cent in 2022, which was earlier projected by the fund in its October forecast.
Detailed explanation-4: -Description: Global growth is expected to moderate from 5.9 in 2021 to 4.4 percent in 2022-half a percentage point lower for 2022 than in the October World Economic Outlook (WEO), largely reflecting forecast markdowns in the two largest economies.