2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Indian economy is expected to rebound to how much percent in FY22, as per the recent revision of outlook by ICRA?
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13.5%
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12.5%
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10.5%
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11.5%
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Explanation:
Detailed explanation-1: -Crisil downgraded the India growth forecast by 30 bps to 7 per cent while Icra pegged the economic expansion at 6.5 per cent for the second quarter of FY2022-23.
Detailed explanation-2: -Moody’s Investors Service on Friday lowered India’s economic growth projection for 2022 to 7% from 7.7% earlier.
Detailed explanation-3: -IMF retains growth projections for India; economy expected to slowdown to 6.1% in 2023 from 6.8% in 2022 - The Hindu.
Detailed explanation-4: -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.
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