2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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5.5%
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2.8%
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3.2%
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4.3%
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Detailed explanation-1: -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.
Detailed explanation-2: -The World Bank has revised its 2022-23 GDP forecast upward from 6.5 per cent in October to 6.9 per cent.
Detailed explanation-3: -The International Monetary Fund (IMF) has also lowered India’s gross domestic product (GDP) growth projection for 2022-23 to 6.8% from the earlier 7.4%, citing the impact of a slowing global economy, stubborn inflation, rising interest rates and the Ukraine war.
Detailed explanation-4: -World Bank forecasts India’s FY23 GDP at 6.9%; warns of global recession. NEW DELHI: The World Bank on Tuesday retained India’s economic growth at 6.9% for financial year 2022-23.
Detailed explanation-5: -The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament today, which projects a baseline GDP growth of 6.5 per cent in real terms in FY24.