CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per IMF, which country has the potential to contribute 15 per cent of the global growth in 2023?
A
China
B
India
C
Brazil
D
France
Explanation: 

Detailed explanation-1: -India alone has the potential to contribute 15 per cent of the global growth in 2023, said International Monetary Fund (IMF) Managing Director Kristalina Georgieva, adding that the country continues to attain a ‘bright spot’ in the world economy.

Detailed explanation-2: -Description: The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023.

Detailed explanation-3: -Notes: As per the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, India has the potential to contribute 15 per cent of the global growth in 2023.

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