2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2.3%
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9.7%
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10%
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9.5%
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Detailed explanation-1: -IMF lowers India’s growth forecast to 6.8% for 2022-23.
Detailed explanation-2: -“Growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds, ” said the IMF’s World Economic Outlook update.
Detailed explanation-3: -The International Monetary Fund (IMF) has retained India’s FY23 growth forecast at 6.8%, terming the country a bright spot and major engine of growth amid an expected fall in global growth to 2.9% in 2023 from an estimated 3.4% in 2022.
Detailed explanation-4: -The International Monetary Fund (IMF) said on Tuesday that the global economic growth is expected to slow down by almost 0.2 percentage points in comparison to its July forecast. According to the latest data, the global economy will grow by 2.7 per cent in 2023 resulting in recession in some countries.
Detailed explanation-5: -"Growth in India is set to decline from 6.8 percent in 2022 to 6.1 percent in 2023 before picking up to 6.8 percent in 2024, with resilient domestic demand despite external headwinds, ” said the IMF’s World Economic Outlook update.