2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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6.8%
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4.7%
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7.3%
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8.2%
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Detailed explanation-1: -Consequently, CRISIL expects India’s GDP growth to slow to 6 per cent in fiscal 2024, down from the 6.5 per cent estimated previously.
Detailed explanation-2: -Rating agency Crisil on Monday pared its 2022-23 real GDP growth forecast to 7%, from 7.3% estimated earlier, and said it expects the Indian economy to face more stress in 2023-24 with growth likely to slow to 6% due to the global slowdown and tightening financial conditions at home.
Detailed explanation-3: -We expect India to grow in the range of 6.5%–6.9% in FY 2022–23 and 5.8%–6.3% in FY 2023–24. Considering the extent of volatility associated with the global and domestic economy, we are restricting the duration of our projection to just a year ahead.
Detailed explanation-4: -“Taking all these factors into consideration, the real GDP growth for 2022-23 is projected at 6. 8%, with Q3 at 4. 4% and Q4 at 4. 2%, with risks evenly balanced.