2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
-10.3
|
|
|
-9.8
|
|
|
-11.5
|
|
|
-10.5
|
Detailed explanation-1: -India’s GDP grew by 8.7% in 2021-22. Further, the firm expects headline retail inflation to ease to 6.1% next year from an estimated 6.8% this year.
Detailed explanation-2: -For 2023, it has pegged the GDP growth at 5.9% compared to projected expansion of 6.9% in 2022.
Detailed explanation-3: -Gross domestic product (GDP) may expand by 5.9% next year from an estimated 6.9% in 2022, Goldman Sachs economists wrote in a report.
Detailed explanation-4: -"For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent. The downward revision assumes higher inflation, high-interest rates and slowing global growth will dampen economic momentum by more than we had previously expected, ” the agency said in its Global Macro Outlook 2023-24.
Detailed explanation-5: -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.