Question: What is the GDP growth rate estimated by India Ratings and Research for India for the financial year 2021-22?
(a) 9.6 per cent
(b) 10.5 per cent
(c) 10.2 per cent
(d) 11.5 per cent
Answer: (a)
Related facts:
- India Ratings and Research (Ind-Ra) has slashed the GDP growth rate of India for fiscal year FY22 (2021-22) at 9.6 per cent.
- Earlier this was estimated at 10.1 per cent by the rating agency.
- This rate is, however, contingent upon India vaccinating its entire adult population by December 31, 2021.