2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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7.4%
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7.3%
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7.2%
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7.1%
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Detailed explanation-1: -Morgan Stanley has sharply lowered India’s GDP growth forecast for 2023 to how many percent? Explanation: American brokerage Morgan Stanley cut its FY23 real GDP expansion estimate for India by 0.40 percent to 7.2 per cent.
Detailed explanation-2: -The consequent depreciation of other currencies has been widening the CAD and increasing inflationary pressures in the net importing economies. India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally.
Detailed explanation-3: -India’s real GDP is expected to grow by seven per cent in 2022-23 and by 6.4 per cent in 2023-24, as per Morgan Stanley.
Detailed explanation-4: -The growth in real GDP during 2022-23 is estimated at 7.0 percent as compared to 8.7 percent in 2021-22.” The Indian economy is estimated to grow at 7 percent in 2022-23, as against the expansion of 8.7 percent in the previous fiscal, the National Statistical Office (NSO) said on Friday.