{"id":112816,"date":"2021-05-12T13:34:24","date_gmt":"2021-05-12T13:34:24","guid":{"rendered":"https:\/\/www.edristi.in\/?p=112816"},"modified":"2021-05-12T13:34:26","modified_gmt":"2021-05-12T13:34:26","slug":"moodys-cuts-india-growth-forecast","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/moodys-cuts-india-growth-forecast\/","title":{"rendered":"Moody\u2019s cuts India growth forecast"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: On 11th May 2021, Moody\u2019s Investors Service has sharply cut India\u2019s FY22 growth forecast. What is the new growth rate of India instead of the earlier estimated 13.7% as per Moody?<br><\/strong>a) 10%<br>b)9%<br>c) 9.3%<br>d) 8%<br><strong>Ans: c<br>Facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Moody\u2019s Investors Service on 11 may 2021 sharply cut India\u2019s FY22 growth forecast to 9.3% from 13.7% estimated earlier.<\/li><li>Moody has joined other global rating firms in trimming growth expectations for India amid a devastating second wave of Covid-19.<\/li><li>It has also ruled out any ratings upgrade for India.<\/li><li>Brickwork Ratings, in April revised its FY22 economic growth projection for India to 9% from 11% estimated earlier. S&amp;P Global Ratings last week said it expects India\u2019s GDP to grow 9.8% under its moderate scenario and at 8.2% under the severe scenario based on when the current wave peaks.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By kameshwar shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference:<\/strong> <a href=\"https:\/\/www.hindustantimes.com\/business\/moodys-cuts-india-growth-forecast-101620765206142.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.hindustantimes.com\/business\/moodys-cuts-india-growth-forecast-101620765206142.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: On 11th May 2021, Moody\u2019s Investors Service has sharply cut India\u2019s FY22 growth forecast. What is the new growth rate of India instead of the earlier estimated 13.7% as per Moody?a) 10%b)9%c) 9.3%d) 8%Ans: cFacts Moody\u2019s Investors Service on 11 may 2021 sharply cut India\u2019s FY22 growth forecast to 9.3% from 13.7% estimated earlier. [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":112817,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-112816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/112816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=112816"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/112816\/revisions"}],"predecessor-version":[{"id":112818,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/112816\/revisions\/112818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/112817"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=112816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=112816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=112816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}