2021
Question
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IHS MArkit has projected the GDP growth rate of India in FY22 at what percent?
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9.6%
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10.5%
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11%
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12.4%
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Explanation:
Detailed explanation-1: -The World Bank has revised its 2022-23 GDP forecast upward to 6.9 percent from 6.5 percent (in October 2022), considering a strong outturn in India in the second quarter (July-September) of the 2022-23 financial year.
Detailed explanation-2: -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.
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