2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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3.2%
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4.1%
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2.2%
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5.5%
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Detailed explanation-1: -Global growth is forecasted to slow from 3.2 per cent in 2022 to 2.7 per cent in 2023 as per IMF’s World Economic Outlook, October 2022.
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: -According to the latest Global Economic Prospects report, global growth will slow from 2.9 percent in 2022 to 1.7 percent in 2023. The outlook has several downside risks, including the possibility of higher inflation, even tighter monetary policy, financial stress, and rising geopolitical tensions .
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.