Question: What is the estimated GDP growth rate of India in FY22 as per Brickworks Ratings?
(a) 6.3%
(b) 7.3%
(c) 8.3%
(d) 9.3%
Answer: (c)
Related Facts:
- Brickworks Ratings has revised downwards India’s GDP growth forecast to 3 percent in the current fiscal 2021-22 (FY22).
- Earlier in January 2022, the rating agency had estimated this between 8.5% to 9 %.
- As per the advance estimate for FY22 released by the Ministry of Statistics and Programme Implementation (Mospi), the GDP is estimated to grow at 9.2% in real terms.
- Brickwork Ratings is one of the seven Sebi-registered credit rating agencies (CRA).
BY: AMIT GUPTA