2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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0% from 6.6%
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5.0% from 6.5%
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4.5% from 6.0%
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4.2% from 5.5%
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Detailed explanation-1: -"For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent. The downward revision assumes higher inflation, high-interest rates and slowing global growth will dampen economic momentum by more than we had previously expected, ” the agency said in its Global Macro Outlook 2023-24.
Detailed explanation-2: -Moody’s expects India’s GDP to grow by 5.6 percent in the next financial year, lower than its 6 percent estimate for the country’s potential growth rate.
Detailed explanation-3: -Moody’s Cuts India’s 2022 GDP Growth Forecast to 7%, Sees 2023 Growth at 4.8%
Detailed explanation-4: -Moody’s on Friday slashed India’s GDP growth projection for 2022 to 7 per cent on expectation that global slowdown and high domestic interest rates would dampen economic momentum.