SBI Ecowrap report: India’s GDP projected at 8.8% in FY22

SBI Ecowrap report

Question: GDP growth rate of India in FY22 as per SBI Ecowrap report?
(a) 7.8%
(b) 8.8%
(c) 8.3%
(d) 9.8%
Answer: (b)
Related Facts:

  • The State Bank of India (SBI) Research Report, Ecowrap, has revised downwards the gross domestic product (GDP) growth rate of India for FY22 (2021-22) to 8.8%.
  • Earlier this was estimated at 9.3%.
  • The report projects the GDP to grow at 5.8% in the third quarter (Q3) of FY2021-2022 (October-December).
  • The real GDP will be around Rs 2.35 lakh crore more or 1.6% higher than the FY20 real GDP of Rs 145.69 lakh crore.

BY: AMIT GUPTA

Reference: https://www.google.com/amp/s/wap.business-standard.com/article-amp/news-cm/india-s-fy22-gdp-growth-seen-at-8-8-says-sbi-ecowrap-122021800927_1.html