Question: Asian Development Bank (ADB) projected growth forecast for 2021-2022 for India at what Percent?
(a) 6 7%
(b) 7.7%
(c) 8.7%
(d) 9.7%
Answer: (d)
Related Facts:
- Asian Development Bank (ADB) projected growth forecast for 2021-2022 for India at 9.7%.
- ADB cut India’s growth estimate to 9.7 percent for 2021, compared with 10 percent in September, with its 2022 estimate of 7.5 percent growth remaining unchanged.
- Asian Development Bank forecasts slower growth for China and India following emergence of new coronavirus variant.
- ABD trimmed China’s growth forecast to 8 percent in 2021 and 5.3 percent next year, down 0.1 percent and 0.2, respectively, from its September estimate.
- Growth for Southeast Asia was cut to 3.1 percent for 2021, down 0.1 percent, but raised 0.1 percent to 5.1 percent for next year.
- The Asian Development Bank is a regional development bank established on 19 December 1966.
- The headquarter of Asian Development Bank is located in Manila, Philippines.
BY: AMIT GUPTA
Reference: https://www.aljazeera.com/economy/2021/12/14/asias-growth-forecast-trimmed-on-omicron-fears