2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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RBI projected India’s growth to what percent?
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4.5%
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-4.5%
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6%
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-6%
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Explanation:
Detailed explanation-1: -RBI pegs GDP growth at 6.8% for FY23, projects inflation to fall below 6% by March 2023. The Reserve Bank of India on Wednesday marginally lowered the country’s GDP growth projection for the current fiscal from 7% to 6.8%.
Detailed explanation-2: -Taking all these factors into consideration, real GDP growth for 2022-23 is projected at 6.8 per cent, with Q3 at 4.4 per cent and Q4 at 4.2 per cent. The risks are evenly balanced. Real GDP growth is projected at 7.1 per cent for Q1:2023-24 and at 5.9 per cent for Q2.
Detailed explanation-3: -“Taking all these factors into consideration, the real GDP growth for 2022-23 is projected at 6. 8%, with Q3 at 4. 4% and Q4 at 4. 2%, with risks evenly balanced.
There is 1 question to complete.