Question: What is the estimated GDP growth rate of India in the FY22, as per India Ratings?
(a) 7.3%
(b) 8.6%
(c) 9.6%
(d) 7.6%
Answer: (b)
Related Facts:
- India Ratings & Research (India Ratings) has revised downwards the GDP growth forecast of the country for 2021-22 (FY22) to 6 percent.
- Earlier this was projected at 9.2 percent.
- According to an India Ratings analysis, NSO is likely to peg the FY22 real gross domestic product growth at Rs 147.2 lakh crore.
- This translates into a GDP growth rate of 8.6 per cent, down from 9.2 per cent forecast in the first advance estimate released on January 7, 2022.
BY: AMIT GUPTA