2021
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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9.1%
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9.9%
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9.6%
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9.3%
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Detailed explanation-1: -It now estimates growth to be 7.7 per cent in 2022 against 8.3 per cent in 2021.
Detailed explanation-2: -Moody’s said it now expects India’s GDP growth to slow to 7% in 2022 – versus its previous estimate of 7.7% – and then decelerate to 4.8% in 2023, before recovering to around 6.4% in 2024.
Detailed explanation-3: -Moody’s cuts India’s GDP growth projection for 2022 from 7.7% to 7% | Business Standard News.
Detailed explanation-4: -The first advance estimate for 2022-23 released by the National Statistical Office (NSO) on Friday estimated GDP growth at 7%, slower than the 8.7% expansion posted in 2021-22. The estimate is a shade higher than the Reserve Bank of India (RBI), which pegged it at 6.8%.
Detailed explanation-5: -Moody’s Investors Service on Friday lowered India’s economic growth projection for 2022 to 7% from 7.7% earlier.