2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The HDFC Bank has predicted the GDP growth rate of India for FY22 at how much percent?
|
|
8%
|
|
|
11%
|
|
|
9%
|
|
|
10%
|
Explanation:
Detailed explanation-1: -HDFC Bank expects the GDP growth for FY22 to be between 9% and 9.5%. Retail inflation declined to 4.35 per cent in September 2021, mainly due to lower food prices, according to government data released.
Detailed explanation-2: -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-3: -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.
There is 1 question to complete.