2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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6%
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6.5%
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7%
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7.5%
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Detailed explanation-1: -World Bank cuts India’s GDP growth forecast to 6.5% for 2022-23.
Detailed explanation-2: -World Bank revises India’s FY 2022-23 GDP growth forecast to 6.9% - BusinessToday.
Detailed explanation-3: -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-4: -World Bank revises India’s GDP forecast to 6.9% for FY23 due to robust economic activities. The World Bank has revised India’s 2022-23 GDP growth forecast upward to 6.9 per cent from the earlier estimate of 6.5 per cent, due to robust economic activities according to Dhruv Sharma, Senior Economist at the World Bank.
Detailed explanation-5: -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.