2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
5%
|
|
|
4%
|
|
|
9%
|
|
|
None of the above
|
Detailed explanation-1: -ADB’s 7 per cent growth projection for fiscal 2022-23 (April 2022 to March 2023), unchanged from its September forecast, compares to 8.7 per cent GDP growth in 2021-22.
Detailed explanation-2: -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. The projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, and the ADB and by RBI, domestically.
Detailed explanation-3: -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-4: -The World Bank on Tuesday revised India’s 2022-23 GDP growth forecast upward to 6.9% from 6.5% estimated in October after factoring in “a strong outturn” in the second quarter of the current financial year.
Detailed explanation-5: -Nomura expects India’s GDP growth to likely slowdown to 5.1 per cent in 2023-24. According to it, 2023 will be a particularly bumpy year for India on account of a global slowdown and an uneven domestic recovery.