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2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to the Global Economic Prospects Report published by the World Bank, how much % economic growth can be projected in India in 2023-2024?

A	6.6%
B	6.2%
C	4.8%
D	5.9%

Explanation:

Detailed explanation-1: -Source: IMF, April 2023 World Economic Outlook. Note: For India, data and forecasts are presented on a fiscal year basis, with FY 2022/23 (starting in April 2022) shown in the 2022 column. India’s growth projections are 5.4 percent in 2023 and 6.3 percent in 2024 based on calendar year.

Detailed explanation-2: -India GDP Growth: India’s economic growth projected to decelerate to 6% in 2023 from 6.6% in 2022: UN-The Economic Times.

Detailed explanation-3: -UNITED NATIONS, May 16 (Reuters)-Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a January forecast, and the prediction for 2024 has dropped 0.2 percentage points to 2.5%, according to a United Nations report released on Tuesday.

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